New Jersey A 4368: Establishes Children's Vaccine Adverse Event Reporting System.

Bill Text

A4368 

ASSEMBLY, No. 4368 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

INTRODUCED FEBRUARY 19, 2026

Sponsored by:

Assemblyman� ALEX SAUICKIE

District 12 (Burlington, Middlesex, Monmouth and Ocean)

Co-Sponsored by:

Assemblywoman Fantasia

SYNOPSIS

���� Authorizes County Agriculture Development Boards to 
establish program to receive and lease donated farmland to new farms, 
establishes gross income tax credit for farmers who donate land. 

CURRENT VERSION OF TEXT 

���� As introduced.

�� 

An Act concerning the donation of agricultural land to County 
Agriculture Development Boards, amending P.L.1983, c.32, and supplementing 
Title 54A of the New Jersey Statutes.

���� Be It 
Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.� Section 9 of P.L.1983, 
c.32 (C.4:1C-16) is amended to read as follows:

���� 9.� Every board may:

���� a.� Develop an educational and 
informational program concerning farmland preservation techniques and 
recommended agricultural management practices to advise and assist 
municipalities, farmers and the general public with respect to the 
implementation of these techniques;

���� b.� Provide assistance to farm 
operators concerning permit applications and� information regarding the 
regulatory practices of State government agencies; and

���� c.� Develop a program to 
receive lands donated by owners of commercial farms, and to grant or lease the 
donated lands to new farmers in the State. 

���� (1) In establishing the 
program, each board shall:

���� (a) develop guidelines and 
procedures for the submission of applications and criteria for the evaluation 
of the applications;

���� (b) establish terms and 
conditions for the granting or leasing of lands under this subsection;

���� (c) establish authorized 
uses of the donated lands; and

���� (d) establish a process to 
receive and certify applications for credits against the �New Jersey Gross 
Income Tax Act,� N.J.S.54A:1-1 et seq., pursuant to the provisions of section 2 
of P.L. , c. 
(C. ) (pending 
before the Legislature as this bill).

���� (2) To qualify to receive 
or lease lands under the program, a qualified applicant shall demonstrate to 
the board that the qualified applicant:

���� (a) is a new farmer who 
resides in New Jersey; and

���� (b) meets any other 
eligibility requirement that the board may deem appropriate.

(cf: P.L.1983, c.32, s.9)

���� 2.� (New section) a.� As used 
in this section:

���� �Board� means a County 
Agriculture Development Board established pursuant to section 7 of P.L.1983, 
c.32 (C.4:1C-14).

���� �Commercial farm� means the 
same as the term is defined in section 3 of P.L.1983, c.31 (C.4:1C-3).

���� �Director� means Director of 
the Division of Taxation in the Department of the Treasury.

���� �Division� means the Division 
of Taxation in the Department of the Treasury.

���� b.� For privilege periods 
beginning on or after the January 1 next following the effective date of 
P.L. , c. 
(C. ) (pending 
before the Legislature as this bill), and subject to the limitations of 
subsection d. of this section, a taxpayer who is an owner of a commercial farm 
and who donates land to a board pursuant to a program established under 
subsection h. of section 8 of P.L.1983, c.32 (C.4:1C-15) shall be allowed a 
credit against the tax otherwise due under the �New Jersey Gross Income Tax 
Act,� N.J.S.54A:1-1 et seq., to be calculated as provided in paragraph (2) of 
this subsection.

���� (1) To qualify for the tax 
credit allowed pursuant to this section, a taxpayer shall apply to the board, 
in a form and manner determined by the board, for a certification that 
provides: (a) the location, area, and value of land to be donated; and (b) the 
amount of the tax credit calculated pursuant to paragraph (2) of this 
subsection.� The board shall transmit a copy of any certification issued 
pursuant to this subsection to the taxpayer and the director.

���� (2) The amount of the credit 
authorized pursuant to this section shall not exceed the lesser of:� (a) the 
value of the farmland, as determined by taking a pro rata share of the most 
recent assessed value of the commercial farm; or (b) $100,000.� For the purposes 
of this paragraph, the pro rata share shall be calculated by dividing the 
acreage of the donated portion by the total acreage of the commercial farm and 
multiplying by the most recent assessed value of the farm.

���� c.� The order of priority of 
the application of the credit allowed pursuant to this section, and any other 
credits allowed against the tax imposed pursuant to N.J.S.54A:1-1 et seq. for a 
taxable year, shall be as prescribed by the director.� The amount of the credit 
applied under this section against the New Jersey gross income tax imposed 
pursuant to N.J.S.54A:1-1 et seq. for a taxable year, when taken together with 
any other payments, credits, deductions, and adjustments allowed by law, shall 
not reduce a taxpayer's tax liabili