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A4788
ASSEMBLY, No. 4788
STATE OF NEW JERSEY
222nd LEGISLATURE
�
INTRODUCED MARCH 19, 2026
Sponsored by:
Assemblywoman� DAWN FANTASIA
District 24 (Morris, Sussex and Warren)
Co-Sponsored by:
Assemblyman Azzariti Jr.
SYNOPSIS
���� Prohibits the imposition of affordable housing need
and related fees upon the local transfer or move of a business.
CURRENT VERSION OF TEXT
���� As introduced.
��
An Act
concerning affordable housing obligations and
supplementing P.L.1985, c.222 (C.52:27D-301 et al.).
����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:
���� 1.��� a. Notwithstanding section
7 of P.L.2024, c.2 (C.52:27D-304.3) or any regulation of the Department of
Community Affairs to the contrary, the methodology calculating the fair share
obligation of any municipality pursuant to the "Fair Housing Act,"
P.L.1985, c.222 (C.52:27D-301 et al), shall not include a requirement that
affordable housing need is generated upon the move or transfer of any
commercial or industrial entity from one location to another location within
the same municipality, or within the same housing region, or upon a move or
transfer of the entity within a 50 mile radius extending in all directions from
the initial location of the entity.
���� b.��� A municipality shall not
impose a fee for affordable housing purposes upon a developer meeting the
criteria of subsection a. of this section.
���� 2.��� This act shall take
effect immediately.
STATEMENT
���� This bill prohibits methodology
calculating the fair share obligation of any municipality from generating
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.