New Jersey S2793 appropriates $1.723 million for farmland preservation grants to nonprofit organizations.

New Jersey S2793 allocates $1.723 million from constitutionally dedicated corporation business tax revenues and the "2009 Farmland Preservation Fund" to the State Agriculture Development Committee. This funding is intended for grants to qualifying tax-exempt nonprofit organizations for farmland preservation. The grants cover up to 50% of the cost of acquiring development easements on farmland or fee simple titles for resale or lease with agricultural deed restrictions.

New Jersey S2793 appropriates $1.723 million for farmland preservation grants to nonprofit organizations.

New Jersey S2793 allocates $1.723 million from constitutionally dedicated corporation business tax revenues and the "2009 Farmland Preservation Fund" to the State Agriculture Development Committee. This funding is intended for grants to qualifying tax-exempt nonprofit organizations for farmland preservation. The grants cover up to 50% of the cost of acquiring development easements on farmland or fee simple titles for resale or lease with agricultural deed restrictions.