# New Jersey A499: Requires detailed disclosure of information concerning required payments in lieu of property taxes to be provided to purchaser of real property constructed pursuant to financial agreement containing long term tax exemption.

New Jersey A499, Requires detailed disclosure of information concerning required payments in lieu of property taxes to be provided to purchaser of real property constructed pursuant to financial agreement containing long term tax exemption., is a 220th Legislature (2024-2025) House bill sponsored by Robert D. Clifton (Republican), Alex Sauickie (Republican); status failed, last action 2024-01-09 (Introduced, 1st Reading in Assembly, Referred to Assembly State and Local Government Committee) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/NJ-A499-2024-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Jersey A499
- State: New Jersey
- Session: 220th Legislature (2024-2025)
- Title: Requires detailed disclosure of information concerning required payments in lieu of property taxes to be provided to purchaser of real property constructed pursuant to financial agreement containing long term tax exemption.
- Status: failed
- Chamber: House
- Introduced: 2024-01-09
- Last action: 2024-01-09, Introduced, 1st Reading in Assembly, Referred to Assembly State and Local Government Committee
- Sponsors: Robert D. Clifton (Republican), Alex Sauickie (Republican)
- Cosponsors: 0
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Robert D. Clifton (Republican), House
- Sponsor: Alex Sauickie (Republican), House

## Actions (1)

- 2024-01-09: Introduced, 1st Reading in Assembly, Referred to Assembly State and Local Government Committee (House)

## Bill text

- As Introduced, 2024-01-25: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A0500/499_I1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A0500/499_I1.PDF)

## Related bills

- S4928: Requires payment of prevailing wage for certain data center construction. (signed)
- S4925: Expands provisions of P.L.2022, c.9 under certain circumstances. (signed)
- S4847: Makes various changes to membership on Cannabis Regulatory Commission and to legalized medical and personal use cannabis marketplace. (signed)
- S4858: Establishes "New Jersey Veterans and Military Spouses Asset Protection Act." (signed)
- S4678: Includes retired teachers and county college faculty members in science, technology, engineering, and mathematics teacher grant program.* (signed)
- S4812: Requires DCA to resume Reconstruction, Rehabilitation, Elevation and Mitigation program with remaining funds for unmet recovery and rebuilding needs for Supers… (signed)

## Sources
- [As Introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A0500/499_I1.HTM)
- [As Introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A0500/499_I1.PDF)

## Related
- [S4928: Requires payment of prevailing wage for certain data center construction.](https://policyrisk.com/state-bill/NJ-S4928-2024-2025)
- [S4925: Expands provisions of P.L.2022, c.9 under certain circumstances.](https://policyrisk.com/state-bill/NJ-S4925-2024-2025)
- [S4847: Makes various changes to membership on Cannabis Regulatory Commission and to le…](https://policyrisk.com/state-bill/NJ-S4847-2024-2025)
- [S4858: Establishes "New Jersey Veterans and Military Spouses Asset Protection Act."](https://policyrisk.com/state-bill/NJ-S4858-2024-2025)
- [S4678: Includes retired teachers and county college faculty members in science, techno…](https://policyrisk.com/state-bill/NJ-S4678-2024-2025)
- [S4812: Requires DCA to resume Reconstruction, Rehabilitation, Elevation and Mitigation…](https://policyrisk.com/state-bill/NJ-S4812-2024-2025)
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Source: PRIA, https://policyrisk.com/state-bill/NJ-A499-2024-2025 (as of 2026-10-17).