A 3940
Permits municipalities to require developers to make contributions for mass transit improvements.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill allows New Jersey municipalities to require developers to contribute financially to mass transit improvements when building new developments. Specifically, it expands the existing law to include mass transit, not just streets, water, sewer, and drainage. The municipality must work with local mass transit agencies to establish fair and reasonable contribution amounts based on circulation and utility plans. This aims to help municipalities manage increased mass transit usage resulting from new construction.
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