The Senate Budget and Appropriations Committee has approved a bill proposed by Senator Michael Testa. The legislation seeks to allocate $34 million from Corporate Business Tax revenue to the State Agriculture Development Committee (SADC). The funds are intended for farmland preservation.
Senator Testa emphasized the importance of farming in New Jersey, stating, “New Jersey’s farming heritage is not just a cornerstone of our economy, it’s a way of life.” He added that the funding would help support family farms, protect open spaces, and maintain New Jersey’s identity as the Garden State.
For more details on the bill, S-4524, readers can access it through official channels.
