A 1705 New Jersey General Assembly · 2024-2025 Regular Session

Provides for increase in relocation assistance amounts based on increase of CPI.

This bill increases relocation assistance payments for people displaced by public projects in New Jersey. It sets specific phased increases for moving expenses, dislocation allowances, and business payments over a four-year period, with amounts rising at 12-month intervals. After the initial four-year phase-in, all assistance amounts will automatically adjust annually based on the Consumer Price Index (CPI) to account for inflation. The bill directly affects homeowners, renters, and business owners displaced by government acquisition of property for public use.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Housing Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Garnet Hall
Garnet Hall
DDemocratic
NJ
28