New Jersey A4375 clarifies electric vehicle parking space calculations, rounding up fractions and limiting credits to 10% of total parking.
New Jersey A4375 amends existing law to clarify how electric vehicle (EV) parking spaces are calculated. The bill specifies that any fractional calculation for EV parking spaces must be rounded up to the nearest whole number, provided this does not exceed the 10% limitation on EV parking credits. This change aims to ensure consistency and predictability in how EV parking spaces are counted and applied in development projects. The bill also mandates that EV parking credits be applied during the concept plan review stage for compliance with redevelopment and development plans.
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