Scored 4/10 on whether it helps or hurts everyday people.
The Farm Credits Bill
Farm tax credits aim to help New Jersey growers
"New Jersey Loves New Jersey Farmers Act"; provides corporation business tax credits and gross income tax credits to commercial farm operators for price loss.
Mixed: some good, some bad ·
If passed, the bill would let commercial farms claim tax credits equal to their price losses, lowering the taxes they owe.
Our take
What we think, in plain words.
Farmers could keep more money when crop prices drop, but the state loses tax revenue that ordinary taxpayers would have to cover, so voters should watch the bill now.
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The facts
What the bill actually says, no spin.
- Provides corporation business tax credits for commercial farm operators.
- Credit equals certified price loss for a farm.
- Credit cannot exceed 50% of tax liability and can be carried forward up to seven periods.
- Tax credit can be transferred or sold to other taxpayers.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the New Jersey Bill Book 2026
The best and worst New Jersey bills of 2026, one page each — our take on the left, the bill on the right, and room for your notes. No email needed.
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