This bill amends New Jersey law concerning online parking payment services and the contractual relationships between municipalities and service providers. It requires that any contract between these entities must include a provision that prohibits service providers from charging users during times when parking is not allowed at designated parking projects. This measure aims to protect users from incurring unnecessary fees when parking is prohibited. The bill also introduces new definitions related to online parking payment services, such as "online parking payment service," "user," and "parking project," while updating various sections of the law for consistency with these new provisions.

Furthermore, the bill expands the powers of parking authorities by allowing them to construct commercial buildings, sell or transfer property, collect reasonable service rates, and invest reserve funds. It clarifies that parking authorities can include structures for businesses, including automobile services, within their projects to enhance operational efficiency and manage expenses. The bill is designed to improve the regulation of online parking payment services and ensure user protection, taking effect immediately upon passage.

Statutes affected:
Introduced: 40:11A-3, 40:11A-6