NJ A5868 | 2022-2023 | Regular Session

Note: Carry Foward to future A3337
Note: Carry Foward to future S2312

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on January 8 2024 - 50% progression, died in chamber
Action: 2024-01-08 - Passed by the Assembly (70-6-0)
Text: Latest bill text (Amended) [HTML]

Summary

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.

Tracking Information

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Title

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.

Sponsors


Roll Calls

2023-12-11 - Assembly - Assembly Housing and Community Development Committee: Reported with Amendments (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-01-08AssemblyPassed by the Assembly (70-6-0)
2023-12-11AssemblyReported out of Assembly Comm. with Amendments, 2nd Reading
2023-12-07AssemblyIntroduced, Referred to Assembly Housing Committee

Same As/Similar To

A5868 (Carry Over) 2024-01-08 - Passed by the Assembly (70-6-0)
A5868 (Carry Over) 2024-01-08 - Passed by the Assembly (70-6-0)
S4271 (Same As) 2024-01-04 - Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee

Subjects


New Jersey State Sources


Bill Comments

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