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.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 3 Compare versions History 6 Sponsors

Jun 11, 2026 · Senate

Reported from Senate Committee, 2nd Reading

Jun 8, 2026 · Senate

Transferred to Senate State Government, Wagering, Tourism & Historic Preservation Committee

May 18, 2026 · Assembly

Passed by the Assembly (58-16-3)

May 18, 2026 · Senate

Received in the Senate, Referred to Senate Community and Urban Affairs Committee

May 14, 2026 · Assembly

Reported out of Assembly Comm. with Amendments, 2nd Reading

Jan 13, 2026 · Assembly

Introduced, Referred to Assembly Housing Committee

PASSAGE PROBABILITY

1.7% Unlikely

Why this number

Stage base Floor Consideration — base rate 18%, measured from NJ's completed sessions
Momentum -0 49/100 from the pace of recorded action
Time since last action -16 121 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.