New Jersey Assembly Bill A799

New Jersey 2024-2025 Regular Session

• Introduced: 1/9/24
• Refer: 1/9/24

Caption

Provides State income tax credit for removal of lawns near Barnegat Bay.

Impact

If enacted, A799 will directly amend the New Jersey Gross Income Tax Act, specifically by supplementing it with new provisions that promote environmentally sustainable landscaping practices. The Department of Environmental Protection will be involved in defining eligible properties and ensuring compliance with the new regulations. This act is expected to directly influence property values and land management practices in the regions adjacent to Barnegat Bay, potentially leading to improved water quality in the bay over time.

Summary

Assembly Bill A799 proposes a recurring annual tax credit of $250 for property owners within 1,000 feet of Barnegat Bay who remove traditional grass lawns in favor of more environmentally friendly landscaping materials such as stones or crushed shells. The intent behind this legislation is to reduce the use of chemical fertilizers and pesticides that can runoff into the bay, which is believed to contribute to its environmental degradation. By encouraging homeowners to make this switch, the bill aims to promote healthier ecosystems in Barnegat Bay and its tributaries.

Contention

While the bill appears to have a noble objective, there may be points of contention regarding its implementation and the long-term effectiveness of such financial incentives. Critics may question whether a $250 tax credit will be sufficient motivation for homeowners to change landscaping habits, particularly if they have already established grass lawns. Additionally, there could be concerns about the administrative burdens placed on the Division of Taxation to ensure fair distribution of these credits and to monitor compliance with the conditions set forth in the legislation.