Establishes Farmland Assessment Review Commission to annually review and recommend changes to farmland assessment program, as necessary to ensure fair, equitable, and uniform Statewide application and enforcement of program requirements and allocation of program benefits.

This bill establishes the Farmland Assessment Review Commission within New Jersey's Department of Agriculture. The commission will annually review the state's farmland assessment program to ensure consistent, fair, and equitable application across all counties and municipalities. It will analyze data on over 37,000 currently eligible farmland properties, evaluate potential limits on benefits, and assess options for a mandatory inspection fee paid by property owners to fund site compliance checks. The goal is to maintain program integrity and ensure benefits are distributed appropriately to qualifying farmland, aligning with existing state constitutional and legal requirements.