ASSEMBLY, No. 2142

STATE OF NEW JERSEY

INTRODUCED JUNE 10, 1996

By Assemblyman WISNIEWSKI

An Act concerning certain municipal resolutions approving a tax exemption or abatement for low or moderate income senior citizen housing and amending P.L.1995, c.423..

    Be It Enacted by the Senate and General Assembly of the State of New Jersey:

    1. Section 1 of P.L.1995, c.423 is amended to read as follows:

    1. Any resolution heretofore adopted by the governing body of a municipality approving the application of an urban renewal entity to proceed with a housing project for low or moderate income senior citizens [pursuant to a redevelopment plan], and authorizing a tax exemption or abatement for that project, is hereby ratified, validated and confirmed notwithstanding that the urban renewal entity failed to make written application to the municipality for approval of the project prior to proceeding with that project, as required by section 8 of P.L.1991, c.431 (C.40A:20-8).

(cf: P.L.1995, c.423)

    2. This act shall take effect immediately and shall be retroactive to September 30, 1996 if enacted subsequent to that date.

STATEMENT

    This bill would amend P.L.1995, c.423 in order to correctly validate a tax exemption or abatement for a low or moderate income senior citizen housing project, known as Gillette Manor, in Sayerville.

                             Validates tax abatement for low or moderate income senior citizen housing project in Sayerville.