This bill amends the quorum requirements for the New Jersey Redevelopment Authority, changing the requirement from 11 members to a majority of the voting members. This adjustment aims to streamline decision-making processes within the authority. Additionally, the bill makes several technical corrections, including replacing the term "special needs districts" with "SDA districts" to align with current terminology used in the "Educational Facilities Construction and Financing Act," and updating references from the Department of Commerce and Economic Development to the Department of Community Affairs.
The bill also clarifies the composition of the authority, specifying the roles of various commissioners and public members, and outlines the appointment process for these members. It ensures that the authority remains independent of departmental supervision while maintaining its essential governmental functions. The changes are intended to enhance the operational efficiency of the authority and ensure that its governance reflects contemporary terminology and organizational structures. The act is set to take effect immediately upon passage.
Statutes affected: Introduced: 55:19-23