Bill
Bill > A482
NJ A482
NJ A482Requires disclosure of original purchase price for land to be sold to a county, county agriculture development board, or municipality for farmland preservation purposes.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill requires, when selling real property or a development easement on real property for farmland preservation purposes to a county, county agriculture development board, or municipality, the individual, corporation, limited liability company, or other legal entity selling the property or easement to disclose, prior to sale, the price that it paid for the real property.
AI Summary
This bill requires individuals, corporations, limited liability companies, or other legal entities selling real property or a development easement to a county, county agriculture development board, or municipality for farmland preservation purposes to disclose the original purchase price of the property prior to the sale.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee (on 01/09/2024)
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/2024/A482 |
| BillText | https://pub.njleg.gov/Bills/2024/A0500/482_I1.HTM |
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