This bill amends R.S.39:4-98 to allow municipalities in New Jersey to establish a speed limit of 15 miles per hour in designated historic districts without the need for an engineering and traffic investigation. The bill defines a historic district as an area listed in both the National Register of Historic Places and the New Jersey Register of Historic Places. This change aims to enhance safety in these areas, which may have unique characteristics that warrant lower speed limits.

Currently, the law permits a maximum speed of 25 miles per hour in certain areas, but does not specify speed limits for historic districts. The new provision allows municipalities to enact ordinances to set the 15 miles per hour limit, thereby streamlining the process and potentially improving safety for pedestrians and residents in these historically significant areas. The bill is set to take effect immediately upon passage.