A 5424 - Increases Housing Availability and Prohibits Speculation - New Jersey Key Vote
Timeline
- House Bill Passed
- May 22, 2025
- Introduced
- March 6, 2025
Related Issues
Stage Details
Title: Increases Housing Availability and Prohibits Speculation
Vote Smart's Synopsis:
Vote to pass a bill that increases housing availability and prohibits speculation by imposing a fee for institutional ownership of certain unproductive residential property in New Jersey.
Highlights:
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Increases housing availability and prohibits speculation by imposing a fee for institutional ownership of certain unproductive residential property in New Jersey (Sec. 1-4).
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Specifies that the provisions of this bill shall take effect 6 months after the final adjournment date of the current legislative session (Sec. 5).
Title: Increases Housing Availability and Prohibits Speculation