This bill aims to prevent the Council on Affordable Housing from requiring municipalities to account for affordable housing needs generated by the relocation of commercial or industrial entities. Specifically, it prohibits the council from including such relocations—whether within the same municipality, housing region, or within a 50-mile radius of the original location—in its methodology for calculating a municipality's fair share obligation under the "Fair Housing Act."

Additionally, the bill stipulates that municipalities cannot impose fees related to affordable housing on developers who meet the criteria outlined in the legislation. This measure is intended to alleviate the financial burden on businesses that move within specified areas, thereby encouraging economic activity without the added pressure of affordable housing requirements. The act is set to take effect immediately upon passage.