New Jersey § 34:1b-380

§ 34:1b-380.

a. An authorized municipality or a county seeking to establish a local C-PACE program

pursuant to section 6 of P.L.2021, c. 201 ( C.34:1B-379 ) shall submit an application to the authority for approval. The application to the authority shall consist of the following: (1) a proposed local C-PACE program ordinance consistent with subsection b. of section

5 of P.L.2021, c. 201 ( C.34:1B-378 ); (2) acknowledgement that the authorized municipality or, in the case of a local C-PACE

program established by a county, any participating municipality located in that county,

shall use the uniform assessment documents prepared by the authority; and (3) the authorized municipality's or county's proposed program guidelines. b. (1) The authority's review of a county's or authorized municipality's application

shall be limited to confirming that it contains the items required by section 5 of P.L.2021, c. 201 ( C.34:1B-378 ) and is otherwise in compliance with the provisions of P.L.2021, c. 201 ( C.34:1B-374 et al.). Within 60 days after receipt of the application, the authority shall either approve

or reject the application. If the authority does not act within 60 days after receipt, the application shall

be deemed approved. (2) If the authority approves the application, or the application is deemed approved

in accordance with paragraph (1) of this subsection, the county or authorized municipality

may adopt the proposed ordinance establishing a local C-PACE program. (3) If the authority disapproves the application, it shall provide a detailed explanation

to the county or authorized municipality as to the reasons for the disapproval and

the changes necessary to bring the proposed local C-PACE program ordinance, local

C-PACE program guidelines, and other elements of the proposed local C-PACE program

into compliance with the requirements of P.L.2021, c. 201 ( C.34:1B-374 et al.). The county or authorized municipality shall not adopt the proposed local C-PACE

program ordinance if the authority disapproves the application, but the county or

authorized municipality may submit a revised or new application. c. The authority may monitor and oversee a county's or authorized municipality's local

C-PACE program to the extent it deems necessary to ensure the continuing compliance

of the local C-PACE program with the requirements of P.L.2021, c. 201 ( C.34:1B-374 et al.). The authority's discretionary monitoring and oversight role pursuant to this subsection

shall not include the review and approval of C-PACE project applications that are

submitted to a local C-PACE program. The authority shall review and approve C-PACE project applications that are submitted

to the Garden State C-PACE program, but only an authorized municipality or county

that has established a local C-PACE program pursuant to P.L.2021, c. 201 ( C.34:1B-374 et al.) may review and approve C-PACE project applications that are submitted to

a local C-PACE program. A participating municipality or a county with a local C-PACE program shall incorporate

into its local C-PACE program guidelines any revision or amendment made by the authority

to the Garden State C-PACE program guidelines immediately upon the publication of

the revision or amendment on the authority's website, unless the authority expressly

provides otherwise, based upon a determination that the revision or amendment does

not apply to local C-PACE programs. Any such revisions or amendments made by the authority to the Garden State C-PACE

program guidelines or incorporated into local C-PACE program guidelines shall not

apply retroactively to C-PACE projects that were previously approved pursuant to the

Garden State C-PACE program or local C-PACE programs. In the event that an authorized municipality or county desires to revise or amend

its program guidelines in any other manner, such proposed revisions or amendments

shall first be submitted to the authority for its review and approval before the revisions

or amendments become effective.