New Jersey Loves New Jersey Farmers Act provides tax credits to commercial farm operators for price loss.

The New Jersey Loves New Jersey Farmers Act provides corporation business tax credits and gross income tax credits to commercial farm operators in an amount equal to the price loss of New Jersey commercial farm products, as determined by the Secretary of Agriculture. A commercial farm operator must submit an application for certification of the price loss for the tax period. The Secretary of Agriculture calculates the monthly reference price for each New Jersey commercial farm product, which reflects current market conditions, cost of production, and other factors.

New Jersey Loves New Jersey Farmers Act provides tax credits to commercial farm operators for price loss.

The New Jersey Loves New Jersey Farmers Act provides corporation business tax credits and gross income tax credits to commercial farm operators in an amount equal to the price loss of New Jersey commercial farm products, as determined by the Secretary of Agriculture. A commercial farm operator must submit an application for certification of the price loss for the tax period. The Secretary of Agriculture calculates the monthly reference price for each New Jersey commercial farm product, which reflects current market conditions, cost of production, and other factors.