New Jersey Assembly Bill A4436

New Jersey 2024-2025 Regular Session

• Introduced: 5/20/24
• Refer: 5/20/24
• Report Pass: 6/6/24
• Engrossed: 9/26/24
• Refer: 9/30/24
• Report Pass: 3/17/25

Caption

Requires local unit to accept electronic payment of construction code fees.

Impact

The legislation is expected to significantly improve operational efficiencies in local government transactions and could enhance compliance by making it easier for contractors to fulfill fee obligations. By introducing electronic payment options, the bill addresses a pressing need for modernization in the construction sector, which can often be hampered by bureaucratic delays. Local governments will be required to adopt these systems through the passage of a resolution by their governing bodies.

Summary

Assembly Bill A4436 mandates that local governmental units within New Jersey must accept electronic payments for construction code fees, streamlining financial transactions related to construction projects. The bill amends existing laws to implement an electronic payments system for fees imposed under the State Uniform Construction Code, allowing contractors to use card payment or electronic funds transfer methods. This initiative is aimed at modernizing interactions between contractors and local authorities, alleviating previous frustrations associated with outdated payment systems.

Contention

While most stakeholders support the modernization aspect of A4436, potential points of contention may arise from municipalities regarding the costs associated with implementing electronic payment systems. Some local units may be concerned about the initial setup costs and ongoing maintenance expenses of the proposed systems. Conversely, proponents argue that the long-term benefits, such as improved cash flow and increased contractor compliance, will outweigh any initial investment.