"Warehouse Development Control Bond Act," authorizes bonds for $150 million, and appropriates $5,000.

This bill authorizes New Jersey to issue $150 million in state bonds to help municipalities purchase development rights (easements) on land proposed for warehouse construction. It directly affects municipalities and landowners by providing state funding to prevent warehouse development on agricultural or open-space properties, preserving farmland and community character. Key provisions require municipalities to match state funds at 50% and secure permanent easements that restrict development while allowing farming and single-family homes. The program aims to address fiscal and environmental concerns tied to warehouse projects, such as traffic impacts and loss of farmland, without mandating specific land use changes.