Bill
Bill > A124
NJ A124
Prohibits the imposition of affordable housing need and related fees upon the local transfer or move of a business.
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
This bill prohibits the Council on Affordable Housing from adopting a regulation which would generate affordable housing need for a municipality upon the event of a commercial or industrial entity moving or relocating within the municipality, or within the same housing region of the municipality, or within a 50 mile radius extending in all directions from the initial location of the entity. Municipalities are prohibited from imposing a fee for affordable housing purposes upon a developer meeting the criteria set forth in the bill.
AI Summary
This bill prohibits the Council on Affordable Housing from generating affordable housing need for a municipality when a commercial or industrial entity moves or relocates within the same municipality, the same housing region, or within a 50-mile radius of its initial location. Additionally, the bill prohibits municipalities from imposing a fee for affordable housing purposes on developers meeting the criteria specified in the bill.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly Community Development and Affairs Committee (on 01/14/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A0500/124_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A0500/124_I1.PDF |
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