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.

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In Committee

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Overview Bill text 4 Compare versions History 6 Sponsors

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Chamber: Senate
Introduced: Jan 13, 2026
Last action: Jun 18, 2026 — Received in the Assembly, Referred to Assembly Housing Committee
Session: 222
Momentum: 59 · Moderate

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.