Removes certain construction and property interest rights for offshore wind projects and BPU authority to supersede certain local government powers related to offshore wind development.

This bill modifies New Jersey's offshore wind regulations by removing specific construction and property rights for these projects and limiting the Board of Public Utilities' ability to override local government decisions. It requires developers to submit extensive applications detailing project designs, financial plans, job creation impacts, and environmental effects before approval. The legislation focuses on streamlining the review process while ensuring comprehensive data is provided to assess the economic and environmental consequences of offshore wind development.