News Flash Home
The original item was published from 6/2/2023 1:29:27 PM to 9/2/2023 12:00:06 AM.

News Flash

Legislative Advocacy

Posted on: June 2, 2023

[ARCHIVED] Senate Committee Advances Short Term Reseller Legislation

On Thursday, the Senate Community and Urban Affairs Committee favorably reported an amended version of S-2850. The League had opposed this legislation, but the amended version addressed our concerns. We want to thank Senators Oroho and Greenstein for hearing our concerns. 

As introduced, the legislation establishes certain requirements if purchasing and reselling the same single-family home within one year of receiving a certificate of occupancy. Among the requirements included in the bill was that there was an inspection of the single-family home purchased from a short-term reseller prior to the conclusion of the closing process to help ensure the requirements of the Uniform Construction Code (UCC) were followed. The League’s opposition was based on the concern of municipal enforceability of these requirements not being attainable at this time. In order to accomplish the goals of S-2850 municipalities must be able to hire inspectors.  However, given the current economic climate municipalities are facing the same challenges as the private sector in finding qualified individuals to hire. 

Since the section regarding municipal inspections was deleted, the League no longer opposes this legislation. 

Contact: Paul Penna, Senior Legislative Analyst, ppenna@njlm.org, 609-695-3481, x110.

Facebook Twitter Email

Other News in Legislative Advocacy

Governor Delivers State FY 2025 Budget

Posted on: February 27, 2024

Update: Affordable Housing Legislation

Posted on: February 23, 2024

Alert: Assembly Appropriations Committee Scheduled to Hear Housing Bill

Posted on: February 3, 2024 | Last Modified on: March 3, 2023

Bills of Interest Signed by Governor

Posted on: January 19, 2024

Craft Brewery Bill Passes Committees

Posted on: January 5, 2024

Regional Court Bill Advances

Posted on: January 5, 2024

Fire Safety Legislation Signed

Posted on: December 22, 2023

Stay NJ Taskforce Announced

Posted on: December 8, 2023

General Election Legislation Update

Posted on: June 15, 2023