Establishes alternative compliance standards for development of electric vehicle supply equipment and Make-Ready parking spaces based on charging capacity.

This bill introduces an alternative compliance method for developers in New Jersey who must install electric vehicle charging infrastructure, allowing them to meet requirements based on total charging capacity rather than the number of equipped parking spaces. It directly affects developers, building owners, and parking facility operators subject to existing state laws requiring EV charging installations. The legislation defines key terms like "charging capacity" and "Make-Ready" parking, and authorizes the Site Improvement Advisory Board to create statewide standards that set minimum capacity requirements based on parking numbers and facility type. Developers can choose between the current number-based requirement or the new capacity-based option, with regulations to be established within 12 months of the bill's effective date.