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Vol. 2026 · Bill Detail · Special Edition

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Thursday, September 3, 2026

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NJ · A3237CMTE · 1 COSPONSOR

Exempts creditor from paying municipal property registration fee if property is subject to automatic stay under federal Bankruptcy Code.

Where it is in the process
Plain-English Summary

This bill allows municipalities to create programs that require creditors to register properties facing foreclosure. If a property becomes vacant and abandoned, the creditor is responsible for its upkeep and must pay additional fees. The bill also clarifies how these fees are collected and outlines penalties for non-compliance.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes
Sponsorship · 3 Sponsors
Democrat3Republican0Independent0Other0
  • D · PrimeDan Hutchison
  • D · PrimeSterley Stanley
  • D · CoShama Haider
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