NJ A801

Appropriates $34 million from constitutionally dedicated corporation business tax (CBT) revenues to the State Agriculture Development Committee for farmland preservation through the "Preserve New Jersey Farmland Preservation Fund."

Grants cover up to 80% of the cost of acquiring development easements on farmland, with projects required to be located in approved agricultural development areas.

Allocates $4 million in base grants to five counties: Burlington ($1M), Cumberland ($500K), Gloucester ($1M), Monmouth ($500K), and Somerset ($1M).

Provides competitive grants of up to $7.5 million per county for 16 eligible counties including Bergen, Camden, Cape May, Hunterdon, Mercer, Middlesex, Morris, Salem, Sussex, and Warren, plus the five base-grant counties.

Pre-filed for the 2026 legislative session and sponsored by Assemblymen Bailey, Miller, and Freiman representing southern and central New Jersey districts.