Allows shared services agreement for certain warehouse developments specify size and sharing of costs and revenues associated with warehouse development.

This bill amends New Jersey's shared services law to require municipalities entering warehouse development agreements to specify key details. It mandates that agreements must define the warehouse's square footage and outline how costs and revenues from development and operation will be shared among participating municipalities. The law applies to all such agreements entered into or renewed after the bill's effective date, aiming to prevent overdevelopment or underutilization of warehouse facilities. This ensures clearer financial planning and accountability for municipalities promising property tax revenue from warehouse projects.