A 3411
Provides for regional economic and land use impact report and establishes review processes related to development of certain large warehouses; and requires related real property reassessments.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill aims to manage the development of large warehouses in New Jersey by requiring a regional economic and land use impact report before approval. It establishes review processes to assess the potential effects of these developments on surrounding municipalities and the broader region. Furthermore, the bill mandates real property reassessments in affected municipalities to ensure equitable revenue distribution. This legislation seeks to balance economic development with responsible planning and community impact.
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