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NJ S3328
Bill
Status
Introduced
2/5/2026
Primary Sponsor
Shirley Turner
Click for details
AI Summary
- Removes property tax exemption for faculty and employee housing at colleges, schools, academies, and seminaries in New Jersey
- Preserves tax-exempt status for student dormitories, one maintenance supervisor residence, and one presidential residence at educational institutions
- Amends R.S.54:4-3.6 to require educational institutions to pay property taxes on faculty housing, generating revenue for local schools, municipalities, and counties
- Takes effect on January 1 following enactment
- Sponsored by Senator Shirley K. Turner (District 15 - Hunterdon and Mercer) and introduced February 5, 2026
Legislative Description
Eliminates property tax exempt status of certain school faculty housing.
Community and Urban Affairs
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
2/5/2026
Committee Referrals
Community and Urban Affairs2/5/2026
Full Bill Text
No bill text available