Bill Text: NJ S4277 | 2018-2019 | Regular Session | Introduced
Bill Title: Appropriates $5,000,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.
Spectrum: Slight Partisan Bill (Democrat 7-4)
Status: (Passed) 2020-01-21 - Approved P.L.2019, c.450. [S4277 Detail]
Download: New_Jersey-2018-S4277-Introduced.html
Sponsored by:
Senator LINDA R. GREENSTEIN
District 14 (Mercer and Middlesex)
SYNOPSIS
Appropriates $5,000,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.
CURRENT VERSION OF TEXT
As introduced.
An Act appropriating $5,000,000 from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. There is appropriated to the State Agriculture Development Committee the sum of $5,000,000 from dedicated corporation business tax revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution in the "Preserve New Jersey Farmland Preservation Fund," established pursuant to section 8 of the "Preserve New Jersey Act," P.L.2016, c.12 (C.13:8C-50), for the purpose of providing municipal planning incentive grants pursuant to section 1 of P.L.1999, c.180 (C.4:1C-43.1) and approved as eligible for such funding pursuant to subsection b. of this section.
b. The following municipalities are eligible for funding, in accordance with the rules and regulations of the State Agriculture Development Committee providing for a municipal planning incentive grant program competitive grant fund, with the monies appropriated pursuant to subsection a. of this section:
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County |
Municipalities
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Cumberland
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Hopewell Twp Upper Deerfield Twp |
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Gloucester
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Elk Twp Franklin Twp Woolwich Twp
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Hunterdon
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Alexandria Twp Delaware Twp East Amwell Twp Franklin Twp Holland Twp Kingwood Twp Raritan Twp Readington Twp Tewksbury Twp Union Twp West Amwell Twp
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Mercer
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Hopewell Twp
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Monmouth |
Colts Neck Twp Holmdel Twp Howell Twp Manalapan Twp Marlboro Twp Millstone Twp Upper Freehold Twp
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Salem |
Alloway Twp Mannington Twp Pilesgrove Twp Pittsgrove Twp Upper Pittsgrove Twp
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Somerset |
Bedminster Twp Franklin Twp Hillsborough Twp Montgomery Twp Peapack - Gladstone Boro
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Sussex |
Frankford Twp Green Twp
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Warren |
Blairstown Twp Franklin Twp Frelinghuysen Twp Greenwich Twp Harmony Twp Hope Twp Knowlton Twp Pohatcong Twp White Twp
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c. The maximum grant award a municipality identified in subsection b. of this section may receive pursuant to the funding provided by this section is $500,000.
2. There is appropriated from the General Fund to the "Preserve New Jersey Farmland Preservation Fund," established pursuant to section 8 of the "Preserve New Jersey Act," P.L.2016, c.12 (C.13:8C-50), the sum of $5,000,000 to implement the provisions of this act.
3. The expenditure of the sums appropriated by this act is subject to the provisions and conditions of P.L.2016, c.12 (C.13:8C-43 et seq.), P.L.1999, c.180 (C.4:1C-43.1), P.L.1999, c.152 (C.13:8C-1 et seq.), and P.L.1983, c.32 (C.4:1C-11 et seq.), as appropriate.
4. This act shall take effect immediately.
STATEMENT
This bill would appropriate $5,000,000 to the State Agriculture Development Committee (SADC) for municipal planning incentive grants pursuant to a program established by P.L.1999, c.180 (C.4:1C-43.1) for farmland preservation purposes.
The funding in this bill is provided from constitutionally dedicated corporation business tax (CBT) revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution, approved by the voters of the State in November 2014. The "Preserve New Jersey Act," P.L.2016, c.12 (C.13:8C-50), implements the constitutional dedication of CBT revenues for open space, farmland, and historic preservation. The "Preserve New Jersey Farmland Preservation Fund" was established pursuant to section 8 of the "Preserve New Jersey Act.
Forty-five municipalities would be eligible for funding under this bill. The maximum grant award a municipality could receive under the bill is $500,000. The appropriation and eligible municipalities listed in the bill have been approved by the SADC and the Garden State Preservation Trust.
