NJ A3337 | 2024-2025 | Regular Session

Note: Carry Over of previous A5868

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 6-0)
Status: Passed on March 20 2024 - 100% progression
Action: 2024-03-20 - Approved P.L.2024, c.6.
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

2024-03-18 - Senate - Senate Floor: Third Reading - Final Passage (Y: 28 N: 8 NV: 4 Abs: 0) [PASS]
2024-03-18 - Senate - Senate Floor: Substitute for S2312 (Voice Vote) (Y: 0 N: 0 NV: 0 Abs: 0) [PASS]
2024-03-11 - Senate - Senate Budget and Appropriations Committee: Reported Favorably (Y: 10 N: 3 NV: 0 Abs: 0) [PASS]
2024-02-12 - Assembly - Assembly Floor: Third Reading - Final Passage (Y: 64 N: 14 NV: 2 Abs: 0) [PASS]
2024-02-08 - Assembly - Assembly Appropriations Committee: Reported with Amendments (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2024-01-29 - Assembly - Assembly Housing and Community Development Committee: Reported Favorably (Y: 5 N: 0 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2024-03-20SenateApproved P.L.2024, c.6.
2024-03-18SenatePassed Senate (Passed Both Houses) (28-8)
2024-03-18SenateSubstituted for S2312 (1R)
2024-03-11SenateReported from Senate Committee, 2nd Reading
2024-02-12SenateReceived in the Senate, Referred to Senate Budget and Appropriations Committee
2024-02-12AssemblyPassed by the Assembly (64-14-1)
2024-02-08AssemblyReported out of Assembly Comm. with Amendments, 2nd Reading
2024-01-29AssemblyReported and Referred to Assembly Appropriations Committee
2024-01-09AssemblyIntroduced, Referred to Assembly Housing Committee

Same As/Similar To

A5868 (Carry Over) 2024-01-08 - Passed by the Assembly (70-6-0)
S2312 (Same As) 2024-03-18 - Substituted by A3337 (1R)

Subjects


New Jersey State Sources


Bill Comments

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