Appropriates $52,798,268 from constitutionally dedicated CBT revenues and other farmland preservation funds to State Agriculture Development Committee for farmland preservation purposes.

This bill appropriates $52,798,268 from constitutionally dedicated CBT revenues and existing farmland preservation funds to New Jersey's State Agriculture Development Committee. It funds the protection of farmland through purchase or easements, providing grants to counties (up to 80% of acquisition costs) and nonprofits (up to 50% of costs), plus $3.45 million for stewardship activities like soil conservation and deer fencing. The funds also cover administrative costs ($28.3 million) for program management and enforcement. This directly supports landowners selling easements, local governments acquiring farmland, and farm operators maintaining preserved land.