Governor Christie Signs "Time of Application" Bill Into Law
By Henry T. Chou, Esq.
Marking a major victory for the development community, Governor Christie has signed into law a measure that abolishes the longstanding "Time of Decision" rule governing zoning determinations. The bill, which was passed by both houses of the Legislature earlier this year and is commonly referred to as the "Time of Application" bill, was signed by Governor Christie on May 5, 2010, and takes effect in one year. It will essentially lock in the zoning that is in effect at the time the development application is filed (with the exception noted below).
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