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Bill > S523
NJ S523
NJ S523Expands liability of certain individuals associated with limited liability companies and other commercial entities, when acting as residential landlord.
summary
Introduced
01/11/2022
01/11/2022
In Committee
03/07/2022
03/07/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Expands liability of certain individuals associated with limited liability companies and other commercial entities, when acting as residential landlord.
AI Summary
This bill expands the liability of certain individuals associated with limited liability companies (LLCs) and other commercial entities when acting as residential landlords. Specifically, the bill allows courts to hold the members of a member-managed LLC, the managers of a manager-managed LLC, and the directors and officers of a corporation jointly and severally liable for unpaid housing code, building code, health code, or Hotel and Multiple Dwelling Law charges, under certain conditions. The bill also allows municipalities to convert unpaid charges into municipal liens on the property, enforceable in the same manner as property tax liens.
Committee Categories
Housing and Urban Affairs
Sponsors (5)
Last Action
Senate Amendment (Voice) (Beach) (on 10/17/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S523 |
| BillText | https://pub.njleg.gov/Bills/2022/S1000/523_R1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S1000/523_R1.PDF |
| Analysis - Statement Senate 10/17/22 | https://pub.njleg.gov/Bills/2022/S1000/523_S2.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S1000/523_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S1000/523_I1.PDF |
| Analysis - Statement SCU 3/7/22 | https://pub.njleg.gov/Bills/2022/S1000/523_S1.PDF |
| Analysis - Technical Review Of Prefiled Bill | https://pub.njleg.gov/Bills/2022/S1000/523_T1.PDF |
| Technical Review Of Prefiled Bill | https://www.njleg.state.nj.us/Bills/2022/S1000/523_T1.PDF |
| Statement SCU 3/7/22 | https://www.njleg.state.nj.us/Bills/2022/S1000/523_S1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S1000/523_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S1000/523_I1.PDF |
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