1 minute read

New Jersey Legislative Bills

S1232 – Kean (R21)

Establishes loan program for firsttime homebuyers who move to areas with most abandoned properties; appropriates $5 million.

New Jersey Realtors® Position: STRONG SUPPORT

We strongly support this bill to revitalize areas with the largest amounts of vacant homes while also encouraging first-time homeownership.

Bill History: 2/3/2020 – Introduced in Senate and referred to Senate Community and Urban Affairs Committee.

S1295 – Turner (D15)

Authorizes public access to government records through government website.

New Jersey Realtors® Position: SUPPORT

We support this bill as it provides greater and easier access for certain public records to be accessed online without having to pay costs associated with the Open Public Records Act.

Bill History: 2/10/2020 – Introduced in Senate and referred to Senate State Government, Wagering, Tourism and Historic Preservation Committee.

S1896 – Cruz-Perez (D5), Beach (D6)

“Retrofitted Green Building Tax Credit Act.”

New Jersey Realtors ® Position: MONITOR

We support this bill as it provides incentives to meet green building standards, rather than mandates that could make it more expensive to sell a property if added on at the time-of-sale.

Bill History: 2/24/2020 – Introduced in Senate and referred to Senate Environment and Energy Committee.

This article is from: