New Jersey · 2026-2027 Regular Session · Bill

S 1955: Limits amount of real property that may be exempt from property taxation under "Long Term Tax Exemption Law."

In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee

Plain-language summary

S 1955 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Limits amount of real property that may be exempt from property taxation under "Long Term Tax Exemption Law.". Primary sponsor: Holly Schepisi (Republican). Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee.

Sponsors

Primary sponsor: Holly Schepisi (Republican).