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On July 27, 2009 Governor Corzine signed the NJ Economic Stimulus Act of 2009 into law. Part of this law temporarily suspends the Non-Residential Development Fee Act described below. Projects that receive preliminary or final site plan approval prior to July 1, 2010, and for which a building permit is issued prior to January 1, 2013 will not be subject to any non-residential development fee. Also, any developer that has paid a non-residential development fee since July 17, 2008 may claim a refund based on certain criteria (see the notice above for more specific information) in writing by November 30, 2009. A municipality may seek reimbursement from the State for any development fee refunds issued, no later than March 30, 2010.
A notice as to the impact of this legislation on the collection of the Development Fee and a refund of some or all of the fees previously paid is posted at, http://www.state.nj.us/dca/affiliates/coah/regulations/nrdf.html.
