New Jersey Administrative Code
Title 2 - AGRICULTURE
Chapter 76 - STATE AGRICULTURE DEVELOPMENT COMMITTEE
Subchapter 5 - SOIL AND WATER CONSERVATION PROJECT COST-SHARING
Section 2:76-5.4 - Eligibility for State soil and water conservation cost-share funds
Current through Register Vol. 56, No. 18, September 16, 2024
(a) Upon certification of a farmland preservation program or a municipally approved program, the Committee shall determine the total eligible State soil and water cost-share funds based on common deed ownership in accordance with the following formula:
Acres | Eligibility for State cost-share funds |
From 0 to 50 acres | = $ 600.00/acre |
From greater than 50 to 100 acres | = $ 30,000 + $ 200.00/acre above 50 acres |
From greater than 100 to 450 acres | = $ 40,000 + $ 100.00/acre above 100 acres |
Greater than 450 acres | = $ 75,000 |
(b) On land that has had a development easement conveyed from it pursuant to N.J.S.A 4:1C-24a, the Committee shall determine the total eligible State soil and water cost-share funds based on common deed ownership in accordance with the following formula:
Acres | Eligibility for State cost-share funds |
From 0 to 50 acres | = $ 600.00/acre |
From greater than 50 to 100 acres | = $ 30,000 + $ 200.00/acre above 50 acres |
From greater than 100 to 450 acres | = $ 40,000 + $ 100.00/acre above 100 acres |
Greater than 450 acres | = $ 75,000 |
(c) Notwithstanding (a) and (b) above, if a governmental body or a not-for-profit corporation is the record owner of land enrolled in a farmland preservation program, municipally approved program or is subject to a development easement conveyed pursuant to the provisions of the Agriculture Retention and Development Act, the owner is eligible for State soil and water project cost-share funds on the basis of the acreage contained in each farm in accordance with the following formula:
Acres | Eligibility for State cost-share funds |
From 0 to 50 acres | = $ 600.00/acre |
From greater than 50 to 100 acres | = $ 30,000 + $ 200.00/acre above 50 acres |
From greater than 100 to 450 acres | = $ 40,000 + $ 100.00/acre above 100 acres |
Greater than 450 acres | = $ 75,000 |
(d) Upon State Soil Conservation Committee approval and recommendation for funding of an application for soil and water project cost-sharing in compliance with 2:76-5.7 and upon State Agriculture Development Committee approval, the State Agriculture Development Committee shall obligate funds as approved in the application for up to three years from the date of approval.