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NJ A5868
Bill
Status
Engrossed
1/8/2024
Primary Sponsor
Benjie Wimberly
Click for details
AI Summary
Legislative Description
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.
Passed Assembly
Last Action
Passed by the Assembly (70-6-0)
1/8/2024
Committee Referrals
Housing12/7/2023
Full Bill Text
No bill text available