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Bill > A143


NJ A143

NJ A143
Prohibits the imposition of affordable housing need and related fees upon the local transfer or move of a business.


summary

Introduced
01/09/2018
In Committee
01/09/2018
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 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 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 the initial location. Additionally, the bill prohibits municipalities from imposing a fee for affordable housing purposes on developers meeting the criteria set forth in the bill.

Committee Categories

Housing and Urban Affairs

Sponsors (2)

Last Action

Introduced, Referred to Assembly Housing and Community Development Committee (on 01/09/2018)

bill text


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