This bill establishes a Rent Control Enforcement Unit (RCEU) within the Department of Community Affairs (DCA) in New Jersey, aimed at addressing violations of local rent restrictions. The RCEU will allow residential tenants to petition for investigations into alleged violations of rent control laws, which include ordinances or regulations that limit rent increases. The bill outlines the authority of the RCEU to enforce penalties against landlords, which may include mandatory rent reductions, financial penalties up to four months of rent, or allowing tenants to terminate their leases early. Additionally, the RCEU is required to provide a dedicated helpline and an online portal for tenant assistance and reporting violations.

To support the RCEU's operations, the bill establishes a nonlapsing "Rent Control Enforcement Fund" and appropriates $3 million from the General Fund for its initial setup. The legislation mandates that the Commissioner of Community Affairs appoint the director of the RCEU and adopt necessary rules and regulations within five months of enactment. The bill emphasizes that tenants must first exhaust other administrative avenues provided by their municipality before petitioning the RCEU, ensuring that local processes are considered. Overall, this bill aims to enhance tenant protections and streamline the enforcement of rent control regulations in New Jersey.