New Jersey A 5868: Allows projects supported by State or municipal affordable housing trust fund to be exempt from property tax and to instead contribute to municipal services by making payments in lieu of taxation.*

Status: Passed Assembly (70-6-0) (as of 2024-01-08)

State: New Jersey · Session: 220 · Bill: A 5868

Subjects: AFFORD HOUS, PROPERTY TAX

Sponsors: Reynolds-Jackson, Verlina, Wimberly, Benjie E., Speight, Shanique

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