N.J. Admin. Code § 2:76-12.4

Current through Register Vol. 56, No. 24, December 18, 2024

Section 2:76-12.4 - Ineligible projects

(a) The following acquisition projects are not eligible for Committee funding:

1. Any lands not located in an agricultural development area;

2. Any lands which do not qualify for differential property tax assessment pursuant to the Farmland Assessment Act of 1964, N.J.S.A. 54:4-23.1 et seq.;

3. Any lands which are permanently restricted by an easement which is not consistent with N.J.A.C. 2:76-6.1 5, unless approved by the Committee;

4. Any land that is, or is intended to be, used for other than an agricultural use as defined at N.J.A.C. 2:76-12.1;

5. Any lands or development easement that was acquired prior to the enactment of the Garden State Preservation Trust Act, N.J.S.A. 13:8C-1 et seq., P.L. 1999, c. 152; and

6. Any lands or development easement that was held by the nonprofit for more than three years.

N.J. Admin. Code § 2:76-12.4