Authorizes municipal assessment of development impact fees following State guidelines and makes an appropriation.

This bill authorizes New Jersey municipalities to charge development impact fees on new construction projects to fund infrastructure improvements. It requires these fees to follow state-established guidelines and directs the funds toward upgrading roads, water systems, sewer facilities, and school infrastructure strained by new development. Developers of new projects will pay these fees, while municipalities will use the revenue to address specific infrastructure needs identified by the state. The bill also includes a funding appropriation to support this fee program.