Prohibits the imposition of affordable housing need and related fees upon the local transfer or move of a business.

This bill prohibits New Jersey municipalities from requiring businesses to pay affordable housing fees when they relocate within the same municipality, the same housing region, or within a 50-mile radius of their original location. It prevents local governments from calculating fair share obligations based on the move or transfer of commercial or industrial entities under these specific conditions. The legislation also bars municipalities from charging developers fees for affordable housing purposes when these relocation criteria are met. This change directly affects businesses moving within defined geographic areas and local governments that previously could have imposed such fees.