New Jersey A3940 allows municipalities to require developers to contribute to mass transit improvements necessitated by new developments.

New Jersey A3940 amends existing law to permit municipalities to require developers to contribute to the cost of reasonable and necessary mass transit improvements located off-tract but necessitated by new developments. Currently, municipalities can require such contributions for street, water, sewerage, and drainage facilities, but not for mass transit improvements. This bill extends that authority to mass transit, aiming to help municipalities accommodate additional mass transit usage created by new developments.

New Jersey A3940 allows municipalities to require developers to contribute to mass transit improvements necessitated by new developments.

New Jersey A3940 amends existing law to permit municipalities to require developers to contribute to the cost of reasonable and necessary mass transit improvements located off-tract but necessitated by new developments. Currently, municipalities can require such contributions for street, water, sewerage, and drainage facilities, but not for mass transit improvements. This bill extends that authority to mass transit, aiming to help municipalities accommodate additional mass transit usage created by new developments.