NJAA Asks Governor to Sign Permit Extension Act into Law

The NJAA wrote to Governor Chris Christie on July 9, asking that he sign the Permit Extension Act (A-1338/S-743) into law as soon as practicable.

“This bi-partisan legislation will help the State’s economy, our members, and our residents, by extending approvals already secured and allowing additional time before they expire. Approving the Permit Extension Act makes good sense. Good sense for businesses, who want to move forward with projects and invest in New Jersey but are still struggling to get back on their feet; good sense for communities where these projects had been studied and approved; good sense for skilled workers in the construction trades who will benefit from construction jobs once the economy improves; good sense for families who will be able to choose from new or improved rental housing opportunities that would otherwise be lost; and good sense for the State treasury, as added economic activity will generate a much-needed boast in corporate, sales and income tax revenues; and, good sense for our economy as a whole.”

The bi-partisan legislation, sponsored by Assembly Majority Leader Lou Greenwald (D-Camden), Asw. BettyLou DeCroce (R-Morris), Assembly Housing Committee Chair Jerry Green (D-Union), Senator Paul Sarlo (D-Bergen) and Senator Steve Oroho (R-Sussex), passed both the General Assembly and State Senate overwhelming and now awaits the Governor’s signature into law.

Click here for a full copy of NJAA’s letter.