Loading chat...

NJ A3955

Bill

Status

Engrossed

2/24/2026

Primary Sponsor

Robert Karabinchak

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Directs the Business Action Center in the Department of State to conduct a study on the impact of vacant commercial real estate in New Jersey and submit a report to the Governor and Legislature within one year

  • Requires examination of existing county and local government efforts to track vacant commercial properties and their use of the Abandoned Properties Rehabilitation Act

  • Mandates assessment of local financial and technical assistance programs addressing vacant commercial real estate

  • Includes a survey of business owners and prospective business owners on methods used to identify vacant properties for potential occupancy

  • Takes effect 90 days after enactment

Legislative Description

Requires study of vacant commercial space for small businesses.

Economic Growth

Last Action

Received in the Senate, Referred to Senate Economic Growth Committee

3/2/2026

Committee Referrals

Economic Growth3/2/2026
Commerce and Economic Development1/13/2026

Full Bill Text

No bill text available