Bill Text: NJ S2988 | 2016-2017 | Regular Session | Amended
Bill Title: Appropriates $7,500,000 from constitutionally dedicated CBT revenues for planning incentive grants to municipalities for farmland preservation purposes.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Introduced - Dead) 2017-06-19 - Substituted by A4584 (1R) [S2988 Detail]
Download: New_Jersey-2016-S2988-Amended.html
Sponsored by:
Senator STEPHEN M. SWEENEY
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 reported by the Senate Environment and Energy Committee on May 15, 2017, with amendments.
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 |
12. 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), an amount determined by the State Treasurer to be necessary to implement the provisions of this act.1
1[2.] 3.1 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.
1[3.] 4.1 This act shall take effect immediately.
