# New Jersey A5424: Promotes housing availability and prevents speculation by imposing fee for institutional ownership of certain unproductive residential property.

New Jersey A5424, Promotes housing availability and prevents speculation by imposing fee for institutional ownership of certain unproductive residential property., is a 220th Legislature (2024-2025) House bill sponsored by Atkins, Reginald W., Yvonne Lopez (Democratic); status failed, last action 2025-05-29 (Received in Senate, Referred to Senate Community and Urban Affairs Committee) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/NJ-A5424-2024-2025
- 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 A5424
- State: New Jersey
- Session: 220th Legislature (2024-2025)
- Title: Promotes housing availability and prevents speculation by imposing fee for institutional ownership of certain unproductive residential property.
- Status: failed
- Chamber: House
- Introduced: 2025-03-06
- Last action: 2025-05-29, Received in Senate, Referred to Senate Community and Urban Affairs Committee
- Sponsors: Atkins, Reginald W., Yvonne Lopez (Democratic)
- Cosponsors: 1
- Touches household money: no
- Roll calls: 1 (49 yes, 26 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Atkins, Reginald W.
- Sponsor: Yvonne Lopez (Democratic), House
- Cosponsor: William F. Moen Jr. (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-05-22 | House | 3RDG FINAL PASSAGE | pass | 49 | 26 | 1 |

## Actions (5)

- 2025-05-29: Received in Senate, Referred to Senate Community and Urban Affairs Committee (Senate)
- 2025-05-22: Passed Assembly — (49-26-1) (House)
- 2025-05-15: REP/ACA, 2nd Reading in Assembly (House)
- 2025-03-20: Reported, Referred to Assembly Appropriations Committee (House)
- 2025-03-06: Introduced, 1st Reading in Assembly, Referred to Assembly Housing Committee (House)

## Bill text

- Assembly Appropriations (5/15/25 1R), 2025-07-01: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_R1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_R1.PDF)
- 5/22/25; 1R, 2025-05-22: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_E2.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_E2.PDF)
- 5/16/25; as introduced, 2025-05-16: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_E1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_E1.PDF)
- Assembly Appropriations Substitute (5/15/25), 2025-05-16: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_S2.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_S2.PDF)
- As Introduced, 2025-03-25: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_I1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_I1.PDF)
- Assembly Housing Substitute (3/20/25), 2025-03-21: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_S1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_S1.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
- [Assembly Appropriations (5/15/25 1R) (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_R1.HTM)
- [Assembly Appropriations (5/15/25 1R) (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_R1.PDF)
- [5/22/25; 1R (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_E2.HTM)
- [5/22/25; 1R (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_E2.PDF)
- [5/16/25; as introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_E1.HTM)
- [5/16/25; as introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_E1.PDF)
- [Assembly Appropriations Substitute (5/15/25) (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_S2.HTM)
- [Assembly Appropriations Substitute (5/15/25) (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_S2.PDF)
- [As Introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_I1.HTM)
- [As Introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_I1.PDF)
- [Assembly Housing Substitute (3/20/25) (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_S1.HTM)
- [Assembly Housing Substitute (3/20/25) (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A5500/5424_S1.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)
- [New Jersey bills](https://policyrisk.com/states/new-jersey/bills)
- [New Jersey state hub](https://policyrisk.com/states/new-jersey)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/NJ-A5424-2024-2025 (as of 2026-10-17).