2024-2025 Regular Session • New Jersey Legislature
S3841
Legislative Summary
Increases threshold for imposition of certain fees and taxes on certain real property transfers from $1 million to $1.5 million, subject to annual adjustment based on Consumer Price Index.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
10/28/2024
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
Senate
Status Information
Current Status
Introduced(10/28/2024)
Chamber
Senate
Committee
Community and Urban Affairs(Senate)
Sponsors
Republican: 1
Primary Sponsor
Holly Schepisi
Republican