New Jersey · 2026-2027 Regular Session · Bill

A 916: Increases threshold for imposition of certain fees and taxes on certain real property transfers from $1 million to $1.5 million, subject to annual adjustment based on Consumer Price Index.

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

Plain-language summary

A 916 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Increases threshold for imposition of certain fees and taxes on certain real property transfers from $1 million to $1.5 million, subject to annual adjustment based on Consumer Price Index. Primary sponsor: Azzariti Jr., John V., M.D.. It lists 1 additional sponsor. Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly Housing Committee.

Sponsors

Primary sponsor: Azzariti Jr., John V., M.D.. 1 co-sponsor.