NJBIA Deputy Chief Government Affairs Officer Ray Cantor issued the following statement regarding plans by the state DEP to propose a rule extending the legacy period in the recently adopted PACT/REAL Land Use rules for another year, while taking the following year for meaningful stakeholder engagement to determine next steps for the state's flood protection rules.

NJBIA launched a campaign to stop the rules nearly two years ago under the Murphy administration based on their being overly extreme, overly impactful to residents and business without meaningful cost-benefit analysis or legislative involvement.

“We are grateful to the Sherrill administration for its plans to extend the legacy period in these rules and we look forward to working with them over the next year on practical and pragmatic solutions to provide our residents and businesses flood protection, while also accounting for affordability, fewer burdens and our overall economy, and well as an emphasis on resiliency.”