{"data":{"id":"us-nj/n.j.-stat.-52-27bbb-2.2","jurisdiction":"us-nj","citation":"N.J. Stat. § 52:27BBB-2.2","heading":"Findings, declarations relative to urban revitalization.","body":"1.\tThe Legislature finds and declares:\na.\tThe \"Municipal Rehabilitation and Economic Recovery Act,\" P.L.2002, c.43 (C.52:27BBB-1 et al.), provides for the appointment of a chief operating officer in a qualified municipality for a five-year period, referred to in that law as the rehabilitation term;\nb.\tAs of the effective date of P.L.2007, c.176 (C.52:27BBB-2.2 et al.), that 2002 act has been implemented in one municipality in the State;\nc.\tThe fourth-year report of the chief operating officer appointed in that municipality, required pursuant to section 8 of P.L.2002, c.43 (C.52:27BBB-8), recommended an extension of the rehabilitation term to allow for the implementation of the reforms anticipated by P.L.2002, c.43; and\nd.\tGiven the detailed assessment and recommendation in that fourth-year report, it is apparent that under certain circumstances a 10-year rehabilitation term is a more realistic period within which government reform may be effectuated in a qualified municipality.\nL.2007, c.176, s.1.","path":["TITLE 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"6ccfa21c1417ff6f231b6466004515d661db5dc55791889ffa82960dbe9aa7d2","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-52-27bbb-2.1","next":"us-nj/n.j.-stat.-52-27bbb-3"},"notice":"GroundRules: Original legal text. Not legal advice."}