New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A631

Introduced
1/9/24  

Caption

Exempts sales of county property from certain requirements under certain circumstances.

Impact

The bill significantly alters the procedural landscape for county property sales by reducing the regulatory burden when selling to local entities. This change is intended to streamline government processes, thereby allowing for quicker and possibly more efficient transactions when the county's interests align with local governments. However, it also raises concerns about potential oversight and community engagement, as fewer public hearings may limit public input into decisions that affect local assets.

Summary

Assembly Bill A631 proposes an amendment to existing regulations governing the sale of county-owned properties that are no longer needed for county purposes. Under current law, counties are required to provide a detailed report outlining the reasons for the sale, its environmental and economic impacts, and to conduct two public hearings before the sale can proceed. This bill seeks to exempt certain sales from these requirements when the transaction involves selling property to local government units represented by directly elected officials. This includes municipalities, counties, and Type II school districts.

Contention

While proponents argue that the bill will facilitate smoother transitions of property to local governments, opponents may express concerns that by easing these requirements, the bill could lead to less transparency and accountability in local governance. Critics believe that maintaining stringent regulations ensures that community interests are safeguarded during the sale of public assets. The balance between necessary governmental efficiency and public accountability will be a critical point of discussion as the bill progresses through the legislative process.

Companion Bills

NJ A601

Carry Over Exempts sales of county property from certain requirements under certain circumstances.

Previously Filed As

NJ A601

Exempts sales of county property from certain requirements under certain circumstances.

NJ SB342

Local land bank authorities; tax sale properties acquisitions; tax exemption for acquired properties; tax revenue allocation; conveyance to state and local governments under certain circumstances; creation of local land bank authorities authorized under certain conditions

NJ S3915

Requires municipalities to share certain payments in lieu of property taxes with school districts; informs counties, school districts, and DCA of certain information related to property tax exemptions and abatements.

NJ A971

Requires municipalities to share certain payments in lieu of property taxes with school districts; informs counties, school districts, and DCA of certain information related to property tax exemptions and abatements.

NJ A1107

Requires municipalities to share certain payments in lieu of property taxes with school districts; informs counties, school districts, and DCA of certain information related to property tax exemptions and abatements.

NJ A555

Requires municipal-wide reassessment of real property under certain circumstances.

NJ A1441

Requires municipal-wide reassessment of real property under certain circumstances.

NJ A4346

Excludes certain insurance costs from appropriations cap and property tax levy cap for certain local units.

NJ A674

Excludes certain insurance costs from appropriations cap and property tax levy cap for certain local units.

NJ A3035

Prohibits certain vehicles from parking in electric vehicle charging spaces under certain circumstances.

Similar Bills

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CA AB1157

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CA AB2890

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NV AB211

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CA AB3228

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AZ SB1120

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AZ SB1267

Property; classification; primary residence