On Friday Governor Christie signed legislation that would extend the protections afforded by the Permit Extension Act through December 31, 2015. The clock will begin to run again on January 1, 2015, and no approvals will extend beyond June 30, 2016 unless the validity of the approval would have extended beyond June 30, 2016 without the benefit of the Act. Interestingly, this bill only extended the Act by one year where in the past it was extended by two years. This could very well be a sign that this will be the last extension of the Act. So if you have an approval which you have not yet acted upon, you might want to consider starting the project in 2015.
With regard to calculating timeframes of an approval, please see the following (assume the life of the approval is for 1 year):
Date of Approval Expiration of Approval
April 1, 2006 March 31, 2016
June 10, 2009 June 30, 2016
December 30, 2014 December 30, 2016
– Andrew S. Kohut, Esq.