A4375

New Jersey A4375 clarifies electric vehicle parking space calculations, rounding up fractions and limiting reductions to overall parking supply.

New Jersey A4375 amends existing law to clarify the calculation and application of electric vehicle parking space credits. The bill specifies that electric vehicle parking space calculations that include a fractional number must be rounded up to the next whole parking space, provided that the resulting credit does not exceed the 10 percent limitation set forth in the law. This change aims to promote greater certainty and consistency in the application of existing statutory requirements by developers and municipal reviewing bodies.