S 4056 by OPEN
S 4056
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill, the ‘New Jersey Community Benefits Agreement Act,’ establishes a framework for requiring developers to negotiate and implement Community Benefits Agreements (CBAs) for large-scale development projects. CBAs are agreements between developers and community stakeholders that outline specific investments and improvements benefiting the surrounding neighborhood. The bill aims to ensure that new developments contribute positively to local communities, addressing issues like affordable housing, job creation, and environmental sustainability. It provides a process for reviewing and approving these agreements to maximize their impact.
Bill text
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Sponsors
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1 on record
Primary sponsor
OPEN
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