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NJ A4788

Bill

Official Source

Status

Introduced

3/19/2026

Primary Sponsor

Dawn Fantasia

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Prohibits municipalities from counting commercial or industrial business relocations when calculating their fair share affordable housing obligations under New Jersey's Fair Housing Act
  • Applies to businesses moving within the same municipality, within the same housing region, or within a 50-mile radius of their original location
  • Bars municipalities from imposing affordable housing development fees on projects involving qualifying business relocations or transfers
  • Amends the methodology established under P.L.2024, c.2 and overrides contrary Department of Community Affairs regulations
  • Takes effect immediately upon enactment

Legislative Description

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

Housing

Last Action

Introduced, Referred to Assembly Housing Committee

3/19/2026

Committee Referrals

Housing3/19/2026

Full Bill Text

No bill text available