New Jersey Future applauds passage of Flood Disclosure Bill, encourages Governor Murphy to sign into law

TRENTON, February 27, 2023—Pete Kasabach, Executive Director of New Jersey Future commented on the passage of S3110/A4783:

“As we prepare for tomorrow’s budget address from Governor Murphy, we are pleased to see the passage of S3110/A4783 in our state legislature today. This bill requires the disclosure of past flood events to potential homebuyers or renters when considering a property, and provides a tool to them to analyze prospective flooding. New Jersey Future worked with the sponsors and partners, and testified in public on behalf of this bill. Renters and home buyers need to understand what risks they will be facing before they make life-changing decisions about where to live. This bill will protect families by sharing valuable information about flood hazards in a transparent and simple fashion. This new disclosure requirement will affect people along the coast and in inland communities, both of which will feel the increased effects of flooding brought on by climate change. We encourage Governor Murphy to sign this bill into law without delay.”