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Bill > A4221
NJ A4221
NJ A4221Extends moratorium on the imposition of Statewide non-residential development fees; requires return of fees paid subsequent to June 30, 2010.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
2010-2011 Regular Session
Bill Summary
This bill extends for two years, until July 1, 2013, the moratorium on the imposition of fees on non-residential construction projects. The fees, known as Statewide non-residential development fees, were enacted as part of a revision of the "Fair Housing Act," pursuant to P.L.2008, c.46. A moratorium was placed on the imposition of the fees until July 1, 2010, pursuant to the "Economic Stimulus Act of 2009," P.L.2009, c.90. This bill extends the moratorium placed in effect in 2009 until July 1, 2013. The bill requires the return of any monies paid during the period since July 1, 2010 and the present, as a result of the previous expiration of the moratorium. The bill also clarifies that any affordable housing obligation imposed under the "Fair Housing Act" as a result of non-residential construction is suspended whenever the imposition of Statewide non-residential fees is suspended.
AI Summary
This bill extends the moratorium, or temporary halt, on imposing Statewide non-residential development fees, which are fees charged to developers of commercial properties, for an additional two years, until July 1, 2013. These fees were originally part of the "Fair Housing Act" and were temporarily suspended by the "Economic Stimulus Act of 2009." Crucially, the bill mandates the return of any such fees that were paid by developers between July 1, 2010, when the previous moratorium expired, and the effective date of this new bill. Furthermore, it clarifies that any affordable housing obligations that arise from non-residential development are also suspended whenever these development fees are suspended, ensuring that developers are not penalized for affordable housing requirements during periods when the fees themselves are not being collected.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Substituted by S2974 (on 06/29/2011)
Official Document
bill text
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bills/BillView.asp?BillNumber=A4221 | 04/25/2013 |
| Bill | https://www.njleg.state.nj.us/2010/Bills/A4500/4221_I1.HTM | 05/28/2012 |
| Legislative Fiscal Estimate 7/6/11; as introduced | https://www.njleg.state.nj.us/2010/Bills/A4500/4221_E1.HTM | 04/23/2012 |
| Statement ABU 6/27/11 | https://www.njleg.state.nj.us/2010/Bills/A4500/4221_S1.HTM | 04/23/2012 |
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