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Bill > S1281


NJ S1281

NJ S1281
Prohibits the imposition of affordable housing need and related fees upon the local transfer or move of a business.


summary

Introduced
02/03/2022
In Committee
02/03/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 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 (COAH) 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. It also prohibits municipalities from imposing a fee for affordable housing purposes on developers that meet these criteria.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee (on 02/03/2022)

bill text


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