NJ A4785

Requires new planned real estate developments with clubhouses or community rooms to install emergency power supply systems meeting NFPA-110 standards, enabling these facilities to serve as emergency shelters during extended power outages.

Mandates that common facilities with emergency power systems provide public charging stations and sufficient outlets for residents to charge portable electronic devices and health/safety equipment.

Provides a corporation business tax deduction and gross income tax deduction of up to $10,000 each for costs of installing required emergency power supply systems.

Creates a sales tax exemption (via rebate) for purchases of emergency power supply system equipment, with claims filed within 360 days of the system being placed in service.

Takes effect the first day of the fourth month following enactment and applies to construction permit and registration applications not yet complete on that date.