NJ A6278

Requires the State Farmland Evaluation Committee to adjust minimum gross sales requirements for farmland assessment eligibility at least every three years, with changes taking effect the second full tax year after adoption (reduced from third year)

Expands the State Farmland Evaluation Committee membership to include the State Forester, an approved consulting forester, and a public member with interest in government accountability and equitable taxation

Increases civil penalties for gross and intentional misrepresentation on farmland assessment applications: up to $5,000 for first offense, $15,000 for second offense, and $20,000 for third or subsequent offenses

Eliminates the $25 municipal fee for on-site inspections and requires the Division of Taxation to create an Internet-based application portal for farmland assessment applications, which will become mandatory two years after implementation

Mandates the committee meet at least twice annually and submit annual reports to the Governor, State Board of Agriculture, and Legislature on activities, findings, and recommendations