William C. Sullivan, Jr.
Partner
201-896-7215 wsullivan@sh-law.comAuthor: William C. Sullivan, Jr.|August 16, 2017
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.
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:
Do you have any questions? Would you like to discuss the matter further? If so, please contact me, William Sullivan, at 201-806-3364.
Partner
201-896-7215 wsullivan@sh-law.comGov. 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.
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:
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.