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Bill > A2742
NJ A2742
NJ A2742Clarifies DCA's authority to ensure planned real estate development builders comply with disclosure requirements.
summary
Introduced
02/01/2018
02/01/2018
In Committee
02/01/2018
02/01/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
This bill is part of a package of bills implementing the recommendations of the State Commission of Investigation in its report of March, 2005 entitled "The Good, the Bad and the Ugly: New-Home Construction in New Jersey." This bill clarifies that the Commissioner of Community Affairs has authority to enforce the provisions of "The Planned Real Estate Development Full Disclosure Act" against planned real estate development builders.
AI Summary
This bill clarifies that the Commissioner of Community Affairs has authority to enforce the provisions of "The Planned Real Estate Development Full Disclosure Act" against planned real estate development builders. The bill specifically includes builders as a "person" under the Act, allowing the Commissioner to impose penalties on builders who violate the Act's disclosure requirements. The bill also makes some technical changes to the Penalty Enforcement Law to facilitate the collection of any penalties levied by the Commissioner.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced, Referred to Assembly Housing and Community Development Committee (on 02/01/2018)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2018/Bills/A3000/2742_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/A3000/2742_I1.PDF |
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