Allows for exclusion of certain properties from Highlands preservation area.
Impact
Should this bill be enacted, it would amend existing regulations concerning land use in the Highlands region, specifically impacting properties within the preservation area governed by the 2004 Highlands Water Protection and Planning Act. By creating a mechanism for exclusion, the bill addresses the long-standing frustrations of landowners who are hindered by the restrictions imposed by these preservation regulations. It would enable property owners, particularly those looking to sell their property, to escape the limitations of the preservation area if they have an inability to successfully transact with the State.
Summary
Assembly Bill A4240, introduced on May 2, 2024, proposes a significant change in the Highlands preservation area management by allowing property owners within this designated area to request exclusion from its preservation regulations under specific circumstances. The key provision of the bill enables owners to sell their property to the State. If such an offer is rejected due to unavailable funding for purchase at fair market value, owners can request their properties be removed from the preservation area. This process aims to provide some relief to owners facing funding limitations and regulatory burdens associated with being part of the preservation area.
Contention
While the bill seeks to aid property owners, it may face opposition from environmental groups and advocates of the Highlands preservation efforts. Critics might argue that loosening regulations on property exclusion could jeopardize the environmental objectives articulated in the Highlands Water Protection and Planning Act, as it could lead to increased development pressures in sensitive ecological zones. The challenge remains in balancing the rights and needs of property owners with the broader goal of environmental protection in the Highlands region.
Extends for five years expiration date of special appraisal process for Green Acres program and farmland preservation program for lands in Highlands Region.
Creates Highlands Conservation Trust to preserve land in Highlands Region, and authorizes Highlands conservation license plate to raise revenue therefor.
Creates Highlands Conservation Trust to preserve land in Highlands Region, and authorizes Highlands conservation license plate to raise revenue therefor.
Creates Highlands Conservation Trust to preserve land in Highlands Region, and authorizes Highlands conservation license plate to raise revenue therefor.
Requires establishment and implementation, in certain circumstances, of wildlife management plans for open space and farmland, and authorizes use of constitutionally dedicated CBT revenues to finance activities undertaken pursuant to such plans.