Bill
Bill > A1048
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
The bill provides for increases in the payment of relocation assistance to persons who are displaced as a result of the acquisition of real property by the State. Specifically, the bill would increase the maximum payments permitted under the "Relocation Assistance Act," P.L.1971, c.362 (C.20:4-1 et seq.) by specified amounts over the four-year period following enactment. The bill further provides that after the four-year phase-in period, the maximum authorized payments of relocation assistance would be annually adjusted according to the U.S. City Average of the Consumer Price Index for All Urban Consumers (CPI-U), published by the United States Department of Labor, Bureau of Labor Statistics.
AI Summary
This bill provides for increases in the payment of relocation assistance to persons who are displaced as a result of the acquisition of real property by the state. Specifically, it would increase the maximum payments permitted under the "Relocation Assistance Act" over a four-year period, and then require the maximum authorized payments to be annually adjusted according to the U.S. City Average of the Consumer Price Index for All Urban Consumers (CPI-U). The bill also increases the minimum and maximum amounts for fixed payments to displaced businesses or farm operations, and for payments to displaced persons who are homeowners or renters.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly Community Development and Affairs Committee (on 01/14/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2020/A1048 |
| BillText | https://www.njleg.state.nj.us/Bills/2020/A1500/1048_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2020/A1500/1048_I1.PDF |
| BillText | https://www.njleg.state.nj.us/2020/Bills/A1500/1048_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A1500/1048_I1.PDF |
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