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Bill > A3955


NJ A3955

NJ A3955
Requires study of vacant commercial space for small businesses.


summary

Introduced
01/13/2026
In Committee
03/02/2026
Crossed Over
02/24/2026
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

Requires study of vacant commercial space for small businesses.

AI Summary

This bill requires the Business Action Center, an office within the Department of State, to study the impact of vacant commercial properties across New Jersey and report its findings to the Governor and the Legislature within one year of the bill's enactment. The study will examine how counties and local governments track vacant commercial real estate, their progress in using the "Abandoned Properties Rehabilitation Act" (a law aimed at addressing abandoned properties), and any existing programs that offer financial or technical help for vacant commercial spaces. It will also survey business owners and those looking to start businesses about how they find vacant properties, and will include recommendations to assist them in this search. This bill will become effective 90 days after it is signed into law.

Committee Categories

Business and Industry

Sponsors (11)

Last Action

Received in the Senate, Referred to Senate Economic Growth Committee (on 03/02/2026)

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