Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
Impact
The legislation dictates that if the municipality's development regulations have not been updated in the past 12 months, a special reexamination report must be prepared and delivered to the governing body within 90 days of receiving an application. Municipalities will also need to amend their development regulations according to this report, thereby delaying the completion timeframe for applications as the process for determining the completeness of these applications is set to be postponed until certain conditions are met.
Summary
Senate Bill S1432 focuses on enhancing the municipal review processes and procedures involved in the development of large warehouses in New Jersey. The bill mandates that any planning board, before considering an application for a large warehouse, must undertake a special reexamination of the municipality's master plan and development regulations. This requirement aims to ensure that new warehouse developments are consistent with local planning objectives and incorporate guidelines adopted by the State Planning Commission.
Contention
Another critical aspect of S1432 is the requirement for municipalities to perform a complete reevaluation or reassessment of all real property when a large warehouse has been approved, provided that no such action has been taken within the previous 60 months. This reassessment must be completed within 24 months of the issuance of a certificate of occupancy. This provision reflects an effort to ensure equitable property valuations and tax assessments in light of new warehouse developments, which can significantly impact local property values and tax revenues.
Same As
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
NJ S3664
Carry Over
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
NJ A5337
Carry Over
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
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.
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.
Concerns development of certain large warehouses by requiring county planning board approval for certain development and providing for the installation of solar panels under certain circumstances.
Requires State Planning Commission to adopt model ordinance for siting certain warehouses and permits conforming updates to municipal master plans and zoning ordinances and establishes fund in DCA; appropriates $5 million.
Requires State Planning Commission to adopt model ordinance for siting certain warehouses and permits conforming updates to municipal master plans and zoning ordinances and establishes fund in DCA; appropriates $5 million.
Requires State Planning Commission to adopt model ordinance for siting certain warehouses and permits conforming updates to municipal master plans and zoning ordinances and establishes fund in DCA; appropriates $5 million.
Establishes pilot program in Office of Planning Advocacy to reimburse municipalities for certain expenditures concerning warehouse development; appropriates $1 million.
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
Establishes additional municipal review processes and procedures related to development of certain large warehouses; requires certain real property revaluations and reassessments.
Establishes pilot program in Office of Planning Advocacy to reimburse municipalities for certain expenditures concerning warehouse development; appropriates $1 million.
Establishes pilot program in Office of Planning Advocacy to reimburse municipalities for certain expenditures concerning warehouse development; appropriates $1 million.
Establishes pilot program in Office of Planning Advocacy to reimburse municipalities for certain expenditures concerning warehouse development; appropriates $1 million.
Establishes pilot program in Office of Planning Advocacy to reimburse municipalities for certain expenditures concerning warehouse development; appropriates $1 million.
Requires State Planning Commission to adopt model ordinance for siting certain warehouses and permits conforming updates to municipal master plans and zoning ordinances and establishes fund in DCA; appropriates $5 million.