Mid Atlantic Real Estate Journal — Owners, Developers & Managers — June 28 - July 11, 2013 — 23B
www.marejournal.com
New Jersey Apartment Association www.njaa.com
Key Senate Committee Approves NJAA Priority Bill to Eliminate Duplicative Registration
Legislation to eliminate duplication and redundancy in registration of apartments was approved on June 13 by the Senate Budget & Appropriations Committee in a bi-partisan 11-1 vote. The bill, S-2114 was previ- ously approved by the Senate Community & Urban Affairs Committee on March 3 in a 4-0-1 vote. S-2114, builds upon a key policy recommendation released in February 2012 from the Lt Governor’s bi-partisan Red Tape Review Commission calling for the elimination of redundancy in apartment registration and the double-charging of fees associated with duplication This important reform legislation is sponsored by Senator Jeff Van Drew (D-Cape May) and Senator Steve Oroho (R-Sussex), and is co-sponsored by eight other Senators: Senate GOP Leader Tom Kean (R-Union); Sen. Ron Rice (D-Essex); Sen. Sam Thompson (R-Middlesex); Sen. Jennifer Beck (R-Mon- mouth); Sen. Bob Gordon (D-Bergen); Sen. Ray Lesniak (R-Union), Senate Majority Leader Loretta Weinberg (D-Bergen), and Senator Jim Breach (D-Camden).. This bi-partisan reform initiative is the NJAA’s #1 policy priority and is supported by the NJ Affordable Housing Management Association (JAH- MA), NJ Builders Association (NJBA), and NJ Association of Realtors (NJAR). S-2214’s companion, A- 3317, was approved by the Assembly Housing & Local Government Committee in a unanimous 5-0 vote on Dec 6, 2012. The NJAA continues to engage with both Senate and Assembly Leadership to advance this important reform legislation in the months ahead.
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