New Jersey · 222
A 1217
Eliminates supplemental realty transfer fee and one percent fee on transfers of certain commercial real estate and tax on sale of controlling interests in certain commercial real property.
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
New Jersey Bill A 1217 proposes to eliminate the supplemental realty transfer fee and the one percent fee on transfers of certain commercial real estate. Additionally, the bill seeks to remove the tax on the sale of controlling interests in certain commercial real property.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Sponsors
- Dawn Fantasia Republican lead
- Mike Inganamort Republican lead