NJ S56 | 2024-2025 | Regular Session
Note: Carry Over of previous S518
Note: Carry Over of previous A2233
Note: Carry Over of previous A2233
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Eliminates one percent tax on purchasers of Class 4A commercial property transferred for consideration in excess of $1 million.
Title
Eliminates one percent tax on purchasers of Class 4A commercial property transferred for consideration in excess of $1 million.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-01-09 | Senate | Introduced in the Senate, Referred to Senate Budget and Appropriations Committee |
Same As/Similar To
S518 (Carry Over) 2022-01-11 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
A2233 (Carry Over) 2022-06-20 - Received in the Senate, Referred to Senate Budget and Appropriations Committee
A2786 (Same As) 2024-01-09 - Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee
A2233 (Carry Over) 2022-06-20 - Received in the Senate, Referred to Senate Budget and Appropriations Committee
A2786 (Same As) 2024-01-09 - Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee
Subjects
New Jersey State Sources
Type | Source |
---|---|
Summary | https://www.njleg.state.nj.us/bill-search/2024/S56 |
Text | https://pub.njleg.gov/Bills/2024/S0500/56_I1.HTM |