A 3561

New Jersey General Assembly bill in Session 2026-2027.

Status: introduced. Latest action: January 13, 2026.

Class 4A commercial property transferred, excess of $1M-elim 1% tax on purchaser.

Bill ID NJ-2026-2027-A-3561
Session 2026-2027
Status introduced
Committee Commerce and Economic Development
General Assembly introduced 2026-01-13
Business / Commerce Tax / Budget / Appropriations
Summary

Eliminates one percent tax on purchasers of Class 4A commercial property transferred for consideration in excess of $1 million.

Sponsor
Calabrese, Clinton
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-13 Introduced Bill introduced
2026-01-13 Status introduced
2026-01-13 Latest Action INT 1RA REF ACE
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