SENATE COMMUNITY AFFAIRS COMMITTEE

STATEMENT TO

ASSEMBLY, No. 2297

with committee amendments

STATE OF NEW JERSEY

DATED: MAY 8, 1997

      The Senate Community Affairs Committee reports favorably Assembly Bill No. 2297 with committee amendments.

      This bill, as amended, would limit the authority of a municipality to license the rental of commercial and residential real property to leases of less than 175 days. Under current law, a municipality has the authority to regulate all leases.

      The committee amended the bill to change its scope from leases of less than 125 days to leases of less than 175 days.