New Jersey A4378 modifies farmland assessment procedures, increasing on-site inspections and rollback taxes for certain land uses.
The bill amends the Farmland Assessment Act of 1964 by requiring the Department of Community Affairs to develop certification courses for tax assessors on farmland valuation. It mandates the Division of Taxation to create an online portal for farmland assessment applications and a hotline for reporting fraud. The bill increases on-site inspections for farmland under 10 acres from once every three years to once every two years. It also extends rollback taxes to include taxes for three years preceding the current tax assessment if the land changes use.
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