This bill amends New Jersey law to require that contracts between certain governmental units and online parking payment service providers include a stipulation that users cannot be charged during designated times when parking is prohibited or free. It introduces new definitions for terms such as "online parking payment service provider," "user," and "parking project," ensuring consistency with existing legislation. The bill also expands the regulatory powers of municipalities, allowing them to manage parking projects and enforce ordinances that protect users from being charged during free parking periods, thereby enhancing consumer protection.

Additionally, the bill modifies the "Parking Authority Law" to enable municipalities or parking authorities to enter into contracts with online parking payment service providers, emphasizing the prohibition of fees during specified free parking times. It includes various insertions that broaden the powers of parking authorities, such as the ability to construct commercial facilities, sell or transfer property, set service rates, and invest reserve funds. These changes aim to improve the operational flexibility and financial management of parking authorities, with the bill set to take effect immediately for all relevant contracts and agreements entered into after its enactment.

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