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Bill > A5092


NJ A5092

NJ A5092
Concerns New Jersey Redevelopment Authority; changes quorum requirements from 11 members to majority of voting members.


summary

Introduced
12/12/2024
In Committee
12/12/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

Under current law, 11 members constitutes a quorum for any action taken by the New Jersey Redevelopment Authority (authority). This bill amends the law to provide that a majority of the voting members of the authority constitutes a quorum. The bill also amends the law to make technical corrections, including: replacing the term "special needs districts" with "SDA districts" to reflect the terminology used in section 3 of the "Educational Facilities Construction and Financing Act," P.L.2000, c.72 (C.18A:7G-3); and replacing the Department of Commerce and Economic Affairs with the Department of Community Affairs.

AI Summary

This bill modifies the New Jersey Redevelopment Authority's organizational structure and governance by changing key administrative provisions. Specifically, the bill reduces the quorum requirement from 11 members to a majority of voting members, making it easier for the authority to conduct business. The legislation also updates several terminological references, replacing "special needs districts" with "SDA districts" to align with existing educational facilities terminology, and changing references from the Department of Commerce and Economic Development to the Department of Community Affairs. Additionally, the bill replaces the Commissioner of Commerce and Economic Development with the Chief Executive Officer of the New Jersey Economic Development Authority as an ex officio member. Other minor changes include gender-neutral language updates and technical corrections to the authority's governing statutes. The bill maintains the authority's core structure of having ex officio members (like the State Treasurer and various commissioners) and public members appointed by the Governor, Senate President, and Speaker of the General Assembly, while slightly streamlining its operational procedures.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 12/12/2024)

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