ASSEMBLY, No. 4584

STATE OF NEW JERSEY

217th LEGISLATURE

 

INTRODUCED FEBRUARY 13, 2017

 


 

Sponsored by:

Assemblyman  ANDREW ZWICKER

District 16 (Hunterdon, Mercer, Middlesex and Somerset)

Assemblyman  ADAM J. TALIAFERRO

District 3 (Cumberland, Gloucester and Salem)

 

 

 

 

SYNOPSIS

     Appropriates $7,500,000 from constitutionally dedicated CBT revenues for planning incentive grants to municipalities for farmland preservation purposes.

 

CURRENT VERSION OF TEXT

     As introduced.

  


An Act appropriating $7,500,000 from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for planning incentive grants to municipalities 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 $7,500,000 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), and the unexpended balances in the Diesel Risk Mitigation Fund - Constitutional Dedication account made available for this purpose pursuant to the provisions of P.L.2016, c.10, for the purpose of providing planning incentive grants to municipalities 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 projects are eligible for funding with the monies appropriated pursuant to subsection a. of this section:

 

Municipality

County

Amount of

Grant Not

to Exceed

 

Upper Deerfield Twp

Cumberland

$500,000

 

Elk Twp 

Gloucester

500,000

 

Franklin Twp

Gloucester

500,000

 

Woolwich Twp

Gloucester

500,000

 

Alexandria Twp

Hunterdon

250,000

 

Delaware Twp

Hunterdon

500,000

 

Holland Twp

Hunterdon

250,000

 

Kingwood Twp

Hunterdon

250,000

 

Howell Twp

Monmouth

500,000

 

Manalapan Twp

Monmouth

500,000

 

Upper Freehold Twp

Monmouth

250,000

 

Pilesgrove Twp

Salem

500,000

 

Pittsgrove Twp

Salem

500,000

 

Upper Pittsgrove Twp

Salem

500,000

 

Peapack-Gladstone Boro

Somerset

250,000

 

Blairstown Twp

Warren

500,000

 

Harmony Twp        

Warren

250,000

 

Knowlton Twp

Warren

250,000

 

White Twp             

Warren

250,000

 

TOTAL

 

$7,500,000

 

     2.    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.1983, c.32 (C.4:1C-11 et seq.), P.L.1999, c.180 (C.4:1C-43.1), and P.L.1999, c.152 (C.13:8C-1 et seq.), as appropriate.

 

     3.    This act shall take effect immediately.

 

 

STATEMENT

 

     This bill would appropriate $7,500,000 to the State Agriculture Development Committee (SADC) for planning incentive grants to municipalities pursuant to a program established by P.L.1999, c.180 (C.4:1C-43.1) for farmland preservation purposes.

     This funding is from constitutionally dedicated corporation business tax revenues 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), and from the unexpended balances in the Diesel Risk Mitigation Fund - Constitutional Dedication account made available for this purpose pursuant to the provisions of P.L.2016, c.10 (i.e., the FY2017 annual appropriations act).

     This bill would provide grants to 19 municipalities in seven counties.

     The allocations and projects listed in this bill have been approved by the SADC and the Garden State Preservation Trust.