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Statewide Non-Residential Development Fee Act July 30, 2008
Governor Corzine has signed into law the "Statewide Non-Residential Development Fee Act," which imposes a 2.5 percent development fee on all non-residential new construction and additions. The fee took effect on certificates of occupancy issued on and after July 18.
Pursuant to the Act a certificate of occupancy cannot be issued without the fee being paid.
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