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NJ S741
Bill
Status
9/12/2024
Primary Sponsor
Patrick Diegnan
Click for details
AI Summary
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Authorizes the Department of the Treasury to sell the Holland Tunnel Service Garage (Block 7203, Lot 2) in Jersey City to the Port Authority of New York and New Jersey for $1
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The Port Authority has controlled and maintained the property since 1931 under Bridge and Tunnel Unification legislation, though no deed was ever recorded transferring title
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The State has not exercised any ownership or control over the property since 1931, while the Port Authority has assumed all debt, maintenance, monitoring, and remediation responsibilities
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The sale bypasses normal requirements for State House Commission approval or additional legislative approval under P.L.1962, c.220
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The act took effect immediately upon approval on September 12, 2024
Legislative Description
Authorizes State Treasurer to sell as surplus certain real property and improvements in City of Jersey City in Hudson County.
Bills and Joint Resolutions Signed by the Governor
Last Action
Approved P.L.2024, c.65.
9/12/2024