New Jersey · 2026-2027 Regular Session · Bill
S 985: Exempts transfers of residential real property between family members from inheritance tax.
In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Plain-language summary
S 985 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Exempts transfers of residential real property between family members from inheritance tax. Primary sponsor: Jon Bramnick (Republican). It lists 1 additional sponsor. Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate Budget and Appropriations Committee.
Sponsors
Primary sponsor: Jon Bramnick (Republican). 1 co-sponsor.