Authorizes farmland assessment for forested lands and woodlands devoted to the production of USDA designated specialty crops; exempts such lands from woodland management plan requirement.

This bill allows forested lands and woodlands devoted to producing USDA-designated specialty crops (such as maple syrup) to qualify for farmland assessment without needing a woodland management plan. Landowners growing specialty crops on forested land would no longer have to submit a woodland management plan to receive the lower tax assessment for farmland. The bill amends New Jersey's Farmland Assessment Act to exempt these lands from the management plan requirement while maintaining existing income and eligibility standards. This change simplifies the process for landowners growing specialty crops on forested properties.