54:4-23.20 - State farmland evaluation advisory committee
54:4-23.20.Ā State farmland evaluation advisory committee There is hereby created a State Farmland Evaluation Advisory Committee, theĀ members of which shall be the Director of the Division of Taxation; the DeanĀ of the College of Agriculture, Rutgers, The State University;Ā and the Secretary of Agriculture.Ā The committee shall meet from time to time on the call of the Secretary of Agriculture and annually determine and publish a rangeĀ of values for each of the several classifications of land in agricultural andĀ horticultural use in the various areas of the State. The primary objective ofĀ the committee shall be the determination of the ranges in fair value of suchĀ land based upon its productive capabilities when devoted to agricultural orĀ horticultural uses.Ā In making these annual determinations of value, theĀ committee shall consider available evidence of agricultural or horticulturalĀ capability derived from the soil survey at Rutgers, The State University, theĀ National Co-operative Soil Survey, and such other evidence of value of landĀ devoted exclusively to agricultural or horticultural uses as it may in itsĀ judgment deem pertinent.Ā On or before October 1 of each year, the committeeĀ shall make these ranges of fair value available to the assessing authority inĀ each of the taxing districts in which land in agricultural and horticulturalĀ use is located.
L.1964, c. 48, s. 20.
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L.1964, c. 48, s. 20.
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