New Jersey · 2026-2027 Regular Session · Bill

A 685: Terminates imposition of general purpose fee under realty transfer fee and one percent assessment on purchases of residential real property selling for more than $1,000,000.

In committee Last action January 13, 2026: Introduced, Referred to Assembly Housing Committee

Plain-language summary

A 685 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Terminates imposition of general purpose fee under realty transfer fee and one percent assessment on purchases of residential real property selling for more than $1,000,000. Primary sponsor: Greg McGuckin (Republican), Paul Kanitra (Republican). It lists 1 additional sponsor. Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly Housing Committee.

Sponsors

Primary sponsors: Greg McGuckin (Republican); Paul Kanitra (Republican). 1 co-sponsor.