Allows shared services agreement for certain warehouse developments specify size and sharing of costs and revenues associated with warehouse development.

This bill amends New Jersey's shared services law to require municipalities entering warehouse development agreements to specify the warehouse's square footage and how costs/revenues will be shared. It directly affects local governments planning joint warehouse projects, ensuring agreements include clear financial terms and size requirements. The key provision prevents municipalities from overpromising tax revenue while avoiding underused facilities by mandating transparent cost-sharing arrangements. This applies to new or renewed agreements for warehouses developed across multiple municipalities' territories.