Bill

Bill > A482


NJ A482

NJ A482
Requires 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
In Committee
01/09/2024
Crossed Over
Passed
Dead
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)

bill text


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