SENATE TRANSPORTATION COMMITTEE

 

STATEMENT TO

 

SENATE, No. 3740

 

with committee amendments

 

STATE OF NEW JERSEY

 

DATED:  MAY 11, 2026

 

      The Senate Transportation Committee reports favorably and with committee amendments Senate Bill No. 3740.

      As amended and reported, this bill amends current law to clarify the calculation and application of electric vehicle (EV) parking space credits.  Specifically, the bill clarifies that EV parking space calculations that include a fractional number are to be rounded up to the next whole parking space.  However, the resulting credit may not exceed the 10 percent limitation under current law.  The bill also clarifies that EV parking space credits are to be applied during the concept plan review stage to determine consistency with a redevelopment plan or other development plan adopted pursuant to current law, including a master plan or zoning-based development plan.

     Current law provides that parking spaces prepared with EV supply equipment or Make-Ready equipment may count as at least two parking spaces to satisfy minimum parking requirements, provided that the credits do not reduce the total required parking by more than 10 percent.  Current law also requires EV parking space calculations resulting in a fraction to be rounded up to a whole number.

 

COMMITTEE AMENDMENTS:

      The committee amended the bill to make technical changes.