S 1715 New Jersey Senate · 2026-2027 Regular Session

Requires NJEDA to establish "Value-added Agriculture Loan Program" to assist farmers in developing value-added products.

S 1715 creates a "Value-added Agriculture Loan Program" administered by New Jersey's Economic Development Authority (NJEDA) in partnership with the Department of Agriculture. The program provides loans of $5,000 to $10,000 to New Jersey resident farmers, cooperatives, or farmer-owned businesses for planning, processing, or marketing enhanced agricultural products (like turning raw crops into packaged goods or branded items). To qualify, applicants must use funds for NJ-based farm activities, demonstrate active farming participation, and cover expenses such as feasibility studies, business planning, processing costs, or marketing. The goal is to help farmers develop new products, expand market access, and increase income through these value-added initiatives.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Jan 13, 2026
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Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
1 primary · 0 co-sponsors

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Parker Space
RRepublican
NJ
24