Bill
Bill > S2471
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 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 amends the Relocation Assistance Act to increase the amounts of relocation assistance provided to individuals and businesses displaced by state land acquisition. Initially, over a four-year period following enactment, these payments will gradually increase. After this phase-in, the maximum relocation assistance amounts will be adjusted annually based on the U.S. City Average of the Consumer Price Index for All Urban Consumers (CPI-U), a measure of inflation published by the U.S. Department of Labor, ensuring that the assistance keeps pace with the rising cost of living.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/13/2026)
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/2026/S2471 |
| BillText | https://pub.njleg.gov/Bills/2026/S2500/2471_I1.HTM |
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