Limits use of certain New Jersey Sports and Exposition Authority development fees to certain transportation-related projects.

This bill restricts how the New Jersey Sports and Exposition Authority can spend development fees collected from projects within its district. It mandates that at least 30% of these fees must be used for transportation improvements specifically within the same municipality where the development is located, requiring approval from the local government. The legislation explicitly prohibits using these funds for administrative costs related to transportation planning or for district-wide traffic systems that span multiple municipalities. Additionally, developers may receive fee credits or reductions if they implement plans that lower peak-hour car trips or promote public transit, walking, and bicycling.