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NJ S3816
Bill
Status
3/5/2026
Primary Sponsor
Raj Mukherji
Click for details
AI Summary
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Business Action Center in the Department of State must 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
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Study must assess existing county and local government efforts to track vacant commercial properties and evaluate municipal use of the Abandoned Properties Rehabilitation Act
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Report must include an assessment of county and local programs providing financial or technical assistance to address vacant commercial real estate
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Study requires a survey of business owners and prospective business owners regarding their satisfaction with private real estate resources for finding vacant commercial space
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Bill takes effect 90 days after enactment
Legislative Description
Requires study of vacant commercial space for small businesses.
Community and Urban Affairs
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
3/5/2026