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Legislators Review Permit Extension Bill

TRENTON, NJ-The bill, which would extend all permits issued after Jan. 1, 2008 to Dec. 31, 2012, has been heavily amended by the state assembly.

By Brianne Harrison | Updated on June 17, 2008

TRENTON, NJ-The Smart Growth Coalition, a group of developers and business leaders who have drafted a collection of bills aimed at promoting smart growth in New Jersey, have introduced their first piece of legislation. The Permit Extension Act, which would extend state, county and local permits and approvals issued on projects after Jan. 1, 2006 until the end of 2012, has already been heavily amended by the state Assembly. The coalition is hopeful that the bill will fare better in the Senate, which will debate the act on Thursday.

The act, which is a response to the economic slowdown and mortgage crisis that have brought many projects to a halt, was a last-minute addition to the 12-bill packet authored by the coalition. “You have permits for projects that, had it not been for the softening demand for housing and commercial space and the credit crunch, would have been started,” Ted Zangari, a lawyer with Sills, Cummis & Gross and the Coalition’s lobbyist, tells GlobeSt.com. “These developers did everything right. Permits that can’t be used today due to market forces beyond the developers’ control should not be tossed in the garbage.”

Under the current system, developers whose permits lapse would be forced to restart the entire permitting process. Zangari argues that this wastes time and is not financially feasible for many companies.

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