Appropriates $500,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.

This bill appropriates $500,000 from constitutionally dedicated business tax funds to the State Agriculture Development Committee for farmland preservation. The funds will directly support Oldmans Township in Salem County through a municipal planning incentive grant to help preserve farmland. The grant is intended to assist the township in developing local plans that protect agricultural land. The funding comes from existing constitutionally protected revenues designated for open space and farmland preservation under New Jersey law.