Scarinci Hollenbeck, LLC, LLCScarinci Hollenbeck, LLC, LLC

Firm Insights

Gov. Christie Signs Bills to Preserve New Jersey Farmland

Author: William C. Sullivan, Jr.

Date: August 16, 2017

Key Contacts

Back

Gov. Chris Christie Recently Signed a Package of Bills Intended to Further Preserve New Jersey Farmland

Gov. Chris Christie recently signed a package of bills intended to further preserve New Jersey farmland. The legislation will help fund preservation efforts by counties and municipalities, as well as bolster New Jersey’s farming industry by increasing access to land and capital.

Gov Christie Signs Bills To Preserve New Jersey Farmland
Photo courtesy of Stocksnap.io

In 2014, New Jersey voters approved a constitutional amendment that dedicates four percent of Corporation Business Tax revenue each year for a number of environmental programs, including open space, farmland and historic preservation, water protection programs, site remediation, and underground storage tank programs. The allocation for the preservation of open space, farmland, and historic sites will increase to six percent in the fiscal year 2020.

The bills will clear the way for the first appropriations to preserve farmlands since the constitutional amendment was approved three years ago. Below is a summary of each of the bills:

  • Assembly Bill 4580: The legislation appropriates $2.9 million from the Farmland Preservation Fund to the State Agriculture Development Committee (SADC) for farmland preservation purposes. It will specifically appropriate funds for grants to four qualifying tax exempt nonprofit organizations: Lamington Conservancy, Monmouth Conservation Foundation, New Jersey Conservation Foundation, and the Land Conservancy of New Jersey. The funds may be used for (1) up to 50 percent of the cost of acquisition of development easements on farmland for farmland preservation purposes, or (2) 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 SADC.
  • Assembly Bill 4581: The bill directs $22,385,743 to the SADC for certain farmland preservation purposes, including an appropriation of $14,304,403 to the SADC to pay the cost of acquisition by the SADC of development easements on, or fee simple titles to, farmland, to provide grants to counties and municipalities for up to 80 percent of the cost of acquisition of fee simple titles to farmland, and to provide grants to qualifying tax exempt nonprofit organizations for up to 50 percent of the cost of acquisition of fee simple titles to farmland. Among other appropriations to the SADC, the legislation steers $1,496,340 from the “Preserve New Jersey Farmland Preservation Fund” for the purpose of providing stewardship grants for activities, beyond routine operation and maintenance, undertaken by landowners, or farm operators as agents for landowners, to repair, restore or improve lands preserved for farmland preservation purposes, including soil and water conservation project activities and deer-fencing activities. 
  • Assembly Bill 4582: The bill appropriates $32.5 million to the SADC for the purpose of providing planning incentive grants to counties for up to 80 percent of the cost of acquisition of development easements on farmland for farmland preservation purposes. Thirteen counties will each receive a “base grant” of either $500,000 or $1,000,000. Those 13 counties, as well as Atlantic, Camden, Cape May, Ocean, and Passaic counties, would also be eligible to compete to receive an additional grant from the “competitive grant fund” in an amount not to exceed $5,000,000. Accordingly, the total grant award a county could receive under the bill is $6 million.
  • Assembly Bill 4584: The bill provides up to $7.5 million to the SADC for planning incentive grants to municipalities for farmland preservation projects. The bill provides grants to 19 municipalities in seven counties.

Do you have any questions? Would you like to discuss the matter further? If so, please contact me, William Sullivan, at 201-806-3364.

No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Scarinci Hollenbeck, LLC, LLC

Related Posts

See all
Why Compliance Monitoring Matters for NY and NJ Businesses post image

Why Compliance Monitoring Matters for NY and NJ Businesses

Compliance programs are no longer judged by how they look on paper, but by how they function in the real world. Compliance monitoring is the ongoing process of reviewing, testing, and evaluating whether policies, procedures, and controls are being followed—and whether they are actually working. What Is Compliance Monitoring? In today’s heightened regulatory environment, compliance […]

Author: Dan Brecher

Link to post with title - "Why Compliance Monitoring Matters for NY and NJ Businesses"
When Are New Jersey Business Owners Personally Liable for Corporate Debt? post image

When Are New Jersey Business Owners Personally Liable for Corporate Debt?

New Jersey personal guaranty liability is a critical issue for business owners who regularly sign contracts on behalf of their companies. A recent New Jersey Supreme Court decision provides valuable guidance on when a business owner can be held personally responsible for a company’s debt. Under the Court’s decision in Extech Building Materials, Inc. v. […]

Author: Charles H. Friedrich

Link to post with title - "When Are New Jersey Business Owners Personally Liable for Corporate Debt?"
Commercial Real Estate Trends to Watch in 2026 post image

Commercial Real Estate Trends to Watch in 2026

Commercial real estate trends in 2026 are being shaped by shifting economic conditions, technological innovation, and evolving tenant demands. As the market adjusts to changing interest rates, capital flows, and workplace models, investors, owners, tenants, and developers must understand how these trends are influencing opportunities and risk in the year ahead. Overall Outlook for Commercial […]

Author: Michael J. Willner

Link to post with title - "Commercial Real Estate Trends to Watch in 2026"
One Big Beautiful Bill: New Tip Income Tax Rules Employers & Workers Need to Know post image

One Big Beautiful Bill: New Tip Income Tax Rules Employers & Workers Need to Know

Part 2 – Tips Excluded from Income Certain employees and independent contractors may be eligible to deduct tips from their income for tax years 2025 through 2028 under provisions included in the One Big Beautiful Bill. The deduction is capped at $25,000 per year and begins to phase out at $150,000 of modified adjusted gross […]

Author: Scott H. Novak

Link to post with title - "One Big Beautiful Bill: New Tip Income Tax Rules Employers & Workers Need to Know"
One Big Beautiful Bill: New Overtime Tax Rules Employers and Employees Need to Know post image

One Big Beautiful Bill: New Overtime Tax Rules Employers and Employees Need to Know

Part 1 – Overtime Pay and Income Tax Treatment Overview This Firm Insights post summarizes one provision of the “One Big Beautiful Bill” related to the tax treatment of overtime compensation and related employer wage reporting obligations. Overtime Pay and Employee Tax Treatment The Fair Labor Standards Act (FLSA) generally requires that overtime be paid […]

Author: Scott H. Novak

Link to post with title - "One Big Beautiful Bill: New Overtime Tax Rules Employers and Employees Need to Know"
New York’s FAIR Business Practices Act: What the New Consumer Protection Measure Means for Your Business post image

New York’s FAIR Business Practices Act: What the New Consumer Protection Measure Means for Your Business

In 2025, New York enacted one of the most consequential updates to its consumer protection framework in decades. The Fostering Affordability and Integrity through Reasonable Business Practices Act (FAIR Act) significantly expands the scope and strength of New York’s long-standing consumer protection statute, General Business Law § 349, and alters the compliance landscape for New York […]

Author: Dan Brecher

Link to post with title - "New York’s FAIR Business Practices Act: What the New Consumer Protection Measure Means for Your Business"

No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Sign up to get the latest from our attorneys!

Explore What Matters Most to You.

Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.

Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.

Let`s get in touch!

* The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form. By providing a telephone number and submitting this form you are consenting to be contacted by SMS text message. Message & data rates may apply. Message frequency may vary. You can reply STOP to opt-out of further messaging.

Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!