Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 4 Compare versions History 6 Sponsors

Jun 18, 2026 · Senate

Passed by the Senate (40-0)

Jun 18, 2026 · Assembly

Received in the Assembly, Referred to Assembly Housing Committee

Jun 4, 2026 · Senate

Reported from Senate Committee, 2nd Reading

Mar 5, 2026 · Senate

Reported from Senate Committee, 2nd Reading

Mar 5, 2026 · Senate

Referred to Senate Budget and Appropriations Committee

Jan 13, 2026 · Senate

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

PASSAGE PROBABILITY

5.2% Unlikely

Why this number

Stage base Floor Consideration — base rate 18%, measured from NJ's completed sessions
Momentum +2 59/100 from the pace of recorded action
Time since last action -15 114 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.