Revises "New Jersey Transportation Trust Fund Authority Act," revises calculation of gas tax rate, and establishes annual fee for zero emission vehicles.

Exempts receipts from sales of materials, supplies, and services for certain affordable housing projects from sales and use tax.

Reforms municipal responsibilities concerning provision of affordable housing; abolishes COAH; appropriates $16 million.

Permits municipality to authorize municipal clerk to submit certain written statements concerning affordable housing.*

Allows projects supported by State or municipal affordable housing trust fund to be exempt from property tax and to instead contribute to municipal services by making payments in lieu of taxation.