NJ S2312 | 2024-2025 | Regular Session

Note: Carry Over of previous A5868
Note: Carry Over of previous S4271

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 25 2024 - 25% progression
Action: 2024-03-18 - Substituted by A3337 (1R)
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

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

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

2024-03-11 - Senate - Senate Budget and Appropriations Committee: Reported with Amendments (Y: 10 N: 3 NV: 0 Abs: 0) [PASS]
2024-01-25 - Senate - Senate Community and Urban Affairs Committee: Reported Favorably (Y: 4 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2024-03-18SenateSubstituted by A3337 (1R)
2024-03-11SenateReported from Senate Committee with Amendments, 2nd Reading
2024-01-25SenateReferred to Senate Budget and Appropriations Committee
2024-01-25SenateReported from Senate Committee, 2nd Reading
2024-01-25SenateIntroduced in the Senate, Referred to Senate Community and Urban Affairs Committee

Same As/Similar To

A3337 (Same As) 2024-03-20 - Approved P.L.2024, c.6.
A5868 (Carry Over) 2024-01-08 - Passed by the Assembly (70-6-0)
S4271 (Carry Over) 2024-01-04 - Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee

Subjects


New Jersey State Sources


Bill Comments

feedback