Bill
Bill > S1932
summary
Introduced
03/03/2022
03/03/2022
In Committee
03/03/2022
03/03/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 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 increases the maximum payments permitted under the "Relocation Assistance Act" over a four-year period, and then provides for annual adjustments to those maximum payments based on the Consumer Price Index for All Urban Consumers (CPI-U) going forward. The bill also increases the minimum and maximum fixed payments for displaced businesses and farms.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 03/03/2022)
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/2022/S1932 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S2000/1932_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S2000/1932_I1.PDF |
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