Modifies provisions concerning net positive benefits test and special economic importance for certain transformative projects under New Jersey Aspire Program.

This bill modifies New Jersey's Aspire Program requirements for major development projects. It adjusts the "net positive benefits test" by adding new criteria that automatically qualify projects as "of special economic importance," such as brownfield remediation with $15 million+ cleanup costs, healthcare facilities near universities or trauma centers, or projects near transportation hubs. Projects must meet specific size thresholds (e.g., 200,000+ sq. ft. in restricted areas, 500,000+ sq. ft. elsewhere) and include housing/commercial space requirements (e.g., 700+ residential units or 30,000+ sq. ft. commercial space). It also mandates 20% of new housing units be affordable for low-to-moderate-income households, with exceptions for historic tax credit projects. These changes apply to projects applying after specified effective dates.