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NJ S2723

Bill

Status

Introduced

2/15/2024

Primary Sponsor

James Holzapfel

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Appropriates $125 million from the General Fund to the New Jersey Affordable Housing Trust Fund to restore funds diverted through the State Fiscal Year 2026 Appropriations Act

  • Funds will be used for grants and loans for housing projects and programs in municipalities that have obtained fair share plan and housing element compliance certification

  • Sponsored by Senators Britnee N. Timberlake (District 34, Essex) and Angela V. McKnight (District 31, Hudson)

  • Pre-filed for introduction in the 2026 legislative session (222nd Legislature)

  • Bill takes effect immediately upon enactment

Legislative Description

Exempts certain motor vehicles that are owned by certain nutrition programs and certain nonprofit organizations that offer social services from motor vehicle registration fees.

Transportation

Last Action

Introduced in the Senate, Referred to Senate Transportation Committee

2/15/2024

Committee Referrals

Transportation2/15/2024

Full Bill Text

No bill text available