Vote Smart's Synopsis:

Vote to pass a bill that appropriates $10 Million for municipal farmland preservation in New Jersey.

Highlights:

• Appropriates $10 million from constitutionally dedicated corporate Business Tax (CBT) revenues to the State Agriculture Development Committee (SADC) for farmland preservation (Sec. 1). 

• Specifies that the funds are to be used for municipal planning incentive grants to protect active farms from development (Sec. 1). 

• Limits the maximum grant award a single eligible municipality may receive to $2 million (Sec. 1). 

• Specifies that 46 municipalities across nine counties are eligible for the funding (Sec. 1). 

• Specifies that the act takes effect immediately upon passage (Sec. 4).

Full Bill Text