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Bill > S741


NJ S741

NJ S741
Authorizes State Treasurer to sell as surplus certain real property and improvements in City of Jersey City in Hudson County.


summary

Introduced
01/09/2024
In Committee
06/26/2024
Crossed Over
06/28/2024
Passed
06/28/2024
Dead
Signed/Enacted/Adopted
09/12/2024

Introduced Session

2024-2025 Regular Session

Bill Summary

An Act authorizing the State Treasurer to sell certain surplus real property and improvements owned by the State in the City of Jersey City, County of Hudson.

AI Summary

This bill authorizes the New Jersey State Treasurer to sell certain surplus real property and improvements, known as the Holland Tunnel Service Garage, located in Jersey City, Hudson County, to the Port Authority of New York and New Jersey for $1. The bill notes that the Port Authority has controlled and maintained this property since 1931, and it is fitting and proper to legally transfer ownership to the Port Authority, which has been responsible for the property's monitoring, recordkeeping, reporting, and maintenance obligations.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (2)

Last Action

Approved P.L.2024, c.65. (on 09/12/2024)

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