Requires municipalities to share certain payments in lieu of property taxes with school districts; informs counties, school districts, and DCA of certain information related to property tax exemptions and abatements.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 3 Compare versions History 3 Sponsors

Feb 5, 2026 · Senate

Reported from Senate Committee with Amendments, 2nd Reading

Feb 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

1% Unlikely

Why this number

Stage base Floor Consideration — base rate 18%, measured from NJ's completed sessions
Momentum -2 43/100 from the pace of recorded action
Time since last action -22 252 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.