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

This bill (S 2471) adjusts relocation assistance payments for people and businesses displaced by government property acquisitions in New Jersey. It directly affects homeowners and business/farm owners whose properties are taken for public projects (like infrastructure). The key mechanism updates payment amounts annually based on the Consumer Price Index (CPI), replacing fixed dollar amounts with inflation-adjusted schedules. For example, moving expense allowances start at $450 and increase to $1,350 over four years, then rise yearly with CPI. Dislocation allowances and business relocation payments follow similar inflation-linked schedules.