Bill
Bill > A3338
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 would reduce the time a municipality has to wait before acting to rehabilitate abandoned property under the "Abandoned Properties Rehabilitation Act," P.L.2003, c.210 (C.55:19-78 et al.). Currently, a property has to be unoccupied for six months before the municipality may designate the property abandoned and begin the process to take possession of the property under that law. This bill would reduce that timeframe to three months. The bill would help speed the rehabilitation of abandoned properties, which create a range of problems for the communities in which they are located.
AI Summary
This bill would reduce the time a municipality has to wait before acting to rehabilitate abandoned property under the "Abandoned Properties Rehabilitation Act" from six months to three months. The bill aims to help speed the rehabilitation of abandoned properties, which can create various problems for the communities in which they are located. The key provisions include shortening the timeframe for a property to be considered abandoned, allowing municipalities to take earlier action to address the property, and requiring tax sale certificate holders to initiate foreclosure proceedings more quickly to avoid the property being placed on the abandoned property list.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly Housing 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/A3338 |
| BillText | https://pub.njleg.gov/Bills/2024/A3500/3338_I1.HTM |
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