As I have noted in past blogs, the New Jersey Legislature is rapidly pushing through a bill that would toll the running of time on almost any governmental approval, permit, authorization, etc. It is scheduled to be considered in the Senate Economic Growth Committee tomorrow and in the full assembly on Monday. This bill is on the rocket path. It was introduced less than one month ago and will likely both houses by the end of next week. One wishes that good legislation would move so quickly. Bills involving renewable energy have taken months in in some instances over a year to move through committees and get considered by the legislature. Last year, there was a bill that would exempt renewable energy systems from increasing the value of your home for property taxes. That bill could not make it to the finish line last year and had to be reintroduced. It was a bill that not only would have a positive impact on the environment but also on the economy.
Despite the rhetoric the permit extension act will have no economic impact in the very near future. The day after this bill gets passed the economy will still be bad, financing will not be available for projects and the state will still be too expensive for many of us. One wishes that real economy boosting measures received the same effort as this false one.
[...] order and put on the Governors desk to sign at the end of June. See my previous posts here. and here and here. New Jersey’s Eastern Environmental Law Clinic released an analysis of the [...]