New Jersey § 52:9rr-5

§ 52:9rr-5.

The staff of the Joint Committee shall review all bills introduced into both houses

each Legislative session for identification of those bills which will clearly have

a significant impact upon the cost, availability, or affordability of housing in New

Jersey. A list of those bills so identified shall be prepared, and thereafter a statement

to the sponsor and the chairman of the committee, if any, to which a bill on the list

was referred, or to the presiding officer of the House in which the bill originated

if no such reference was made, shall be sent by the Joint Committee Staff indicating

that a housing affordability impact note is required. An impact note for each bill on the list shall thereafter be completed by the Joint

Committee as soon as practicable, unless a request to expedite the preparation of

an impact note is made by the bill's sponsor. If there is insufficient information to prepare a reliable estimate of the anticipated

impact, a statement to that effect may be filed and shall meet the requirements of

this section. The Legislative Budget and Finance Officer and the Office of Legislative Services

shall provide such assistance as may be requested by the Joint Committee in the preparation

of the housing affordability impact note.