New Jersey Senate Bill S467

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

This legislation addresses environmental degradation within Barnegat Bay, a critical ecosystem in New Jersey threatened by nutrient run-off from residential lawns. By incentivizing homeowners to forgo traditional grass lawns in favor of more sustainable landscaping materials, the bill aims to decrease chemical contaminants that adversely affect water quality and marine life in the bay. This tax credit can facilitate greater public awareness and involvement in local environmental conservation efforts, promoting a collective approach to safeguarding New Jersey's natural resources.

Summary

Senate Bill S467 proposes a State income tax credit aimed at homeowners who remove grass lawns near Barnegat Bay, a significant environmental initiative targeted at reducing the influx of harmful fertilizers and chemicals into the bay. The bill, introduced by Senator James W. Holzapfel, offers a recurring annual credit of $250 to taxpayers who replace their grass lawns with non-living, maintenance-free landscaping options, including stones or crushed shells. This is intended to encourage environmentally responsible landscaping practices that could contribute to the restoration of the bay's health.

Contention

While the motivation behind S467 is rooted in environmental protection, the bill may raise discussions about its anticipated effectiveness and potential economic implications for local homeowners. Critics could point out the long-term viability of such measures, questioning whether a $250 annual credit is enough incentive for homeowners to make such changes. Additionally, there may be concerns regarding the oversight required to ensure that property owners comply with the stipulations set forth by the bill, such as the proper removal of grass lawns and the use of permitted materials.