New Jersey A5386 mandates the New Jersey Economic Development Authority to study and recommend financing mechanisms for supplemental public transit.
New Jersey A5386 requires the New Jersey Economic Development Authority to study and recommend financing mechanisms for supplemental public transit funding. The study must include an analysis of potential revenues, economic effects, and implementation details for each mechanism. The authority must hold a public hearing before finalizing the report. The Commissioner of Community Affairs will then publish guidance to help municipalities implement the recommendations.
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