A 727 New Jersey General Assembly · 2024-2025 Regular Session

Requires Department of Agriculture to establish Farm Vitality Planning Reimbursement Grant Program; appropriates $1 million.

New Jersey Assembly Bill A727 establishes a Farm Vitality Planning Reimbursement Grant Program within the Department of Agriculture, appropriating $1 million from the General Fund. The program reimburses farm owners and operators for up to 75% (capped at $7,500) of eligible costs incurred when developing or implementing specific long-term viability plans, such as business strategies, ownership transitions, or preserved farmland maintenance. Eligible costs include hiring professionals like accountants, attorneys, or mediators, but exclude capital improvements, taxes, insurance, or travel expenses. Applications are processed on a first-come, first-served basis with annual reporting required to assess program effectiveness.
Sub-Topics: State Budget Tags: Agriculture
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
MT
Mike Torrissi
RRepublican
NJ
8