An Act appropriating $3,763,625 from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for grants to qualifying tax exempt nonprofit organizations 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 $3,763,625 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 grants to qualifying tax exempt nonprofit organizations listed in subsection b. of this section for up to 50 percent of the cost of acquisition of development easements on farmland or for up to 50 percent of the cost of acquisition of fee simple titles to farmland for resale or lease with agricultural deed restrictions approved by the committee.
b. The following projects are eligible for funding with the monies appropriated pursuant to subsection a. of this section:
Applicant Farm County Municipality Amount
(Project) of Grant
Not to
Exceed
D&R Greenway $910,950
Trap Rock Mercer Hopewell Twp
Industries
The Land $2,148,775
Conservancy Milanese, Barbara Somerset Bedminster Twp
of New Jersey
Newton Land, LLC Sussex Hampton Twp
Santini, Santino Warren Franklin Twp
& Christine
Santini, Santino Warren Franklin Twp
& Dominick (estate)
Giordano, Melissa Warren Frelinghuysen Twp
& Thomas
Reuter, Lisa & Warren Frelinghuysen Twp
Erich (Silver Pine)
Schwartz, David Warren Frelinghuysen Twp
(Watercress)
Stecker, Robert Warren Harmony Twp
& Lynn
Campgaw Club, LLC Warren Hope Twp
Blairstown Twp
Monmouth $286,500
Conservation Stivala, Michael, Jr. Monmouth Colts Neck Twp
Foundation & Sionas, Eileen
New Jersey $417,400
Conservation Curtis, Richard Hunterdon Delaware Twp
Foundation & Michael F.
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 $3,763,625 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.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.
Approved December 23, 2020.