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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.

It became law on Mar 20, 2024.

NJ A 3337 · A · 221

Stage: Became law
Sponsors: 6
Latest action: Mar 20, 2024

Where it stands

Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
Mar 20, 2024

This bill passed and is now law.

Read the full text

What moved

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Annette QuijanoLead sponsor
Benjie WimberlyLead sponsor
Brian StackLead sponsor
Troy SingletonLead sponsor
Verlina Reynolds-JacksonLead sponsor
Sterley StanleyCo-sponsor

In the news

Reporting that may mention this subject. Possible matches are labeled.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in New Jersey.

What an agency writes to carry it outAn agency's name on a lobbying report is not a rulemaking.
Which court can stay or strike itAn opinion listed here is not yet tied to the law it reviewed.
How the place it governs is doingBecoming law is not the result. A number moving is not proof the law moved it.

Work with this bill

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. | 52