The ability for the Township of Piscataway to impose, collect and expend development fees shall expire with the end of the repose period covered by its judgment of compliance unless the Township of Piscataway has filed an adopted Housing Element and Fair Share Plan with the Court or with a designated administrative entity of the State of New Jersey, has petitioned for a judgment of compliance or substantive certification, and has received approval of its development fee ordinance by the entity that will be reviewing the Housing Element and Fair Share Plan.

If the Township of Piscataway fails to renew its ability to impose and collect development fees prior to the expiration of its judgment of compliance, it may be subject to forfeiture of any or all funds remaining within its municipal trust fund. Any funds so forfeited shall be deposited into the "New Jersey Affordable Housing Trust Fund" established pursuant to section 20 of P.L. 1985, c. 222 (C. 52:27D-320). The Township of Piscataway shall not impose a development fee on a development that receives preliminary or final site plan approval after the expiration of its judgment of compliance, nor shall the Township of Piscataway retroactively impose a development fee on such a development. The Township of Piscataway shall not expend any development fees after the expiration of its judgment of compliance.