This bill establishes a prohibition on counties or municipalities from approving the construction of large warehouses on lots located within 1,000 feet of designated historic districts. The bill defines a "large warehouse" as any facility of at least 100,000 square feet primarily used for the storage of goods intended for sale or distribution. It also clarifies that a "historic district" refers to areas listed on both the National Register of Historic Places and the New Jersey Register of Historic Places, with an exception for districts designated solely to preserve waterways.

The legislation is set to take effect immediately upon enactment and will apply to any proposals for large warehouse development for which a construction permit application has not been declared complete by the enforcing agency at that time. This measure aims to protect the integrity of historic districts by restricting the development of large-scale storage facilities in their vicinity.