New Jersey · 2026-2027 Regular Session · Bill

S 3103: Dedicates 50 percent of revenues collected from additional fees and taxes imposed on real property transfers valued over $1 million to Affordable Housing Trust Fund.

In committee Last action June 1, 2026: Referred to Senate Budget and Appropriations Committee

Plain-language summary

S 3103 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Dedicates 50 percent of revenues collected from additional fees and taxes imposed on real property transfers valued over $1 million to Affordable Housing Trust Fund. Primary sponsor: Benjie Wimberly (Democratic), Vin Gopal (Democratic). It lists 6 additional sponsors. Most recent recorded action (June 1, 2026): Referred to Senate Budget and Appropriations Committee.

Sponsors

Primary sponsors: Benjie Wimberly (Democratic); Vin Gopal (Democratic). 6 co-sponsors.