Modifies procedures for determination and payment of fair market value in distressed municipalities; concerns real property that is abandoned, vacant, or subject to unpaid taxes.*
Sponsored By: David Bailey Jr. (Democratic), William W. Spearman (Democratic), Michael Venezia (Democratic)
Failed
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsors
David Bailey Jr.
Democratic • House
William W. Spearman
Democratic • House
Michael Venezia
Democratic • House
Cosponsors
William F. Moen Jr.
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
REP/ACA, 2nd Reading in Assembly
6/19/2025HouseIntroduced, 1st Reading in Assembly, Referred to Assembly Housing Committee
2/27/2025House
Bill Text
Assembly Housing (6/19/25 1R)
6/24/2025
Assembly Housing Substitute (6/19/25)
6/19/2025
As Introduced
4/11/2025
Related Bills
S4928, Requires payment of prevailing wage for certain data center construction.
S4925, Expands provisions of P.L.2022, c.9 under certain circumstances.
S4847, Makes various changes to membership on Cannabis Regulatory Commission and to legalized medical and personal use cannabis marketplace.
S4858, Establishes "New Jersey Veterans and Military Spouses Asset Protection Act."
S4678, Includes retired teachers and county college faculty members in science, technology, engineering, and mathematics teacher grant program.*
S4812, Requires DCA to resume Reconstruction, Rehabilitation, Elevation and Mitigation program with remaining funds for unmet recovery and rebuilding needs for Superstorm Sandy-impacted homeowners.