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NJ A1506
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Roy Freiman
Click for details
AI Summary
- Exempts preserved farmland purchases from New Jersey's realty transfer fee when the buyer is a certified beginning farmer
- Requires the Department of Agriculture to establish a certification process for beginning farmers, with a fee not to exceed $100
- Defines "beginning farmer" as someone who has never farmed, has farmed in New Jersey for 10 years or less, or qualifies as a first-time farmer under federal tax code (26 U.S.C. s.147(c)(2))
- Modeled after a similar provision in the Pennsylvania Farm Bill that exempts certified beginning farmers from realty transfer fees on preserved farm purchases
- Addresses concerns about farmer aging demographics, noting the average New Jersey farmer is 59.7 years old compared to the national average of 57.5 years
Legislative Description
Exempts from realty transfer fee recording of deed of preserved farmland to qualified beginning farmer.
2nd Reading in the Assembly
Last Action
Reported out of Assembly Committee, 2nd Reading
3/9/2026
Committee Referrals
Agriculture and Natural Resources1/13/2026
Full Bill Text
No bill text available