Provides for EDA oversight and control over certain local economic development, community development, and housing programs if corruption is suspected following criminal charge or conviction of local official.

S 1379 gives the New Jersey Economic Development Authority (EDA) oversight authority over local economic development, housing, and community development programs when a municipal official is convicted of, or indicted for, public corruption related to their job. It directly affects municipalities and their related agencies (like housing authorities or redevelopment entities) where officials face corruption charges involving their public duties. The EDA must appoint a monitor to oversee these programs for up to three years, with powers to approve or block property sales, tax exemptions, and development agreements. This mechanism activates automatically upon notification of a conviction or charge, requiring the EDA to develop specific rules for implementation.