A3955

Requires study of vacant commercial space for small businesses.

Chamber Passed·2/24/26

New Jersey A3955 mandates a study on vacant commercial real estate to aid small businesses.

New Jersey A3955 requires the Business Action Center in the Department of State to study the impact of vacant commercial real estate. The study must include information on local government efforts to track such properties, the use of the "Abandoned Properties Rehabilitation Act," existing financial or technical assistance programs, and a survey of business owners' satisfaction with private real estate resources. The report, due within a year, will also offer recommendations to help business owners find vacant commercial real estate.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Last
Passed the Assembly · 74–5 · Feb 24
Current
Economic Growth Committee
Next
Senate floor vote

Sponsors

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10
1
R
Democratic CaucusRepublican Caucus

Roll Call Votes

74 Yea

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5 Nay

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1 Not Voting

D

Calendar

Feb 12

2:00 PM

Assembly Commerce and Economic Development Hearing

History

Mar 2

Senate

Received in the Senate, Referred to Senate Economic Growth Committee

Feb 24

Assembly

Passed by the Assembly (74-5-0)

Feb 12

Assembly

Reported out of Assembly Comm. with Amendments, 2nd Reading