New Jersey · 2026-2027 Regular Session · Bill

S 3406: Permits association of planned real estate development to file application with Department of Community Affairs to lower reserve fund obligations based on risk-mitigating features of development.

In committee Last action February 9, 2026: Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee

Plain-language summary

S 3406 is a bill introduced in the New Jersey Senate on February 9, 2026. According to its official title, it concerns: Permits association of planned real estate development to file application with Department of Community Affairs to lower reserve fund obligations based on risk-mitigating features of development. Primary sponsor: Tony Bucco (Republican). It lists 1 additional sponsor. Most recent recorded action (February 9, 2026): Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee.

Sponsors

Primary sponsor: Tony Bucco (Republican). 1 co-sponsor.