ASSEMBLY LOCAL GOVERNMENT COMMITTEE

STATEMENT TO

ASSEMBLY, No. 2297

STATE OF NEW JERSEY

DATED: JANUARY 9, 1997

      The Assembly Local Government Committee reports favorably Assembly Bill No. 2297.

      Assembly Bill No. 2297 would limit the authority of a municipality to license the rental of commercial and residential real property to leases of less than 125 days. Under current law, a municipality has the authority to regulate all leases. This bill would effectively limit that authority to seasonal leases, such as weekly rentals in shore municipalities.