Bill
Bill > A4519
NJ A4519
NJ A4519Establishes procedures for sale of certain State-owned properties used by agencies or organizations providing housing to adults with developmental disabilities.
summary
Introduced
06/06/2024
06/06/2024
In Committee
06/06/2024
06/06/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill stipulates that upon the sale of a State-owned property used by a nonprofit agency or organization contracted with the Division of Developmental Disabilities (the division) for at least 10 years to provide housing for adults with developmental disabilities: (1) the division is to allow the agency or organization to pay off any lien placed against the property at a rate of 50 percent; and (2) the Department of the Treasury (the department) transfer any revenues or proceeds from the sale of the property to the agency or organization. If any lien placed against the property is paid off by the agency or organization at the rate of 50 percent, the department is authorized to file a duly acknowledged certificate or warrant setting forth the department's request to discharge the remaining portion of the lien. The bill also requires that the revenues or proceeds from the sale of a State-owned property transferred by the department to the nonprofit agency or organization are to be used by the agency or organization to: (1) purchase a new property or renovate an existing property to provide housing for adults with developmental disabilities; or (2) expand or improve the services provided by the agency or organization to adults with developmental disabilities. Currently, when a non-profit agency or organization contracted with the division to provide housing to adults with developmental disabilities wants to sell the home where such adults reside, the division requires that all proceeds from the sale must be returned to the State because the home is a State-owned property. In addition, any lien placed on the home must also be paid in full by the agency or organization. This is a significant hurdle for providers who wish to purchase a new property or renovate an existing property to expand residential options for adults with disabilities in need of housing. This bill would remove some of the financial obstacles that would prevent a non-profit agency or organization providing housing to adults with developmental disabilities from selling State-owned property by reducing the pay-off amount of any lien placed against the property and allowing the agency or organization to use the proceeds of the sale to improve the property on which and expand and the services it provides to adults with disabilities.
AI Summary
This bill establishes procedures for the sale of certain State-owned properties used by nonprofit agencies or organizations contracted with the Division of Developmental Disabilities (the division) to provide housing for adults with developmental disabilities. The bill allows these agencies or organizations to pay off any lien placed against the property at a 50% rate, and requires the Department of the Treasury to transfer the revenues or proceeds from the sale to the agency or organization. The agency or organization must then use the funds to purchase a new property or renovate an existing one to provide housing for adults with developmental disabilities, or to expand or improve the services they provide to this population. This bill aims to remove financial obstacles that previously prevented these nonprofit providers from selling State-owned properties and using the proceeds to expand residential options and services for adults with developmental disabilities.
Committee Categories
Health and Social Services
Sponsors (1)
Last Action
Introduced, Referred to Assembly Aging and Human Services Committee (on 06/06/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A4519 |
BillText | https://pub.njleg.gov/Bills/2024/A5000/4519_I1.HTM |
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