New Jersey
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Legislation Supported by New Jersey Realtors Moves Forward
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In the Senate, the Judiciary Committee approved legislation making the e-notary law permanent so documents can be notarized remotely even after the COVID-19 pandemic concludes. This bill has been approved in the Assembly and must be considered by the full Senate before it goes to the Governor’s desk.
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In the Assembly, the Community Development and Affairs Committee approved a bill which provides an income tax deduction of up to $25,000 for the removal of lead and other contaminants from a taxpayer’s primary residence. NJ Realtors supports this bill, as opposed to a time-of-sale requirement for the remediation of lead. This bill must still be approved in the full Assembly and Senate before it goes to the Governor’s desk.
Applications Open for New Jersey Realtors Educational Foundation Scholarships! Applicants must be high school seniors who will be enrolled in an undergraduate program or currently enrolled undergraduate program students. Applicants must also be a member or a relative of a member of New Jersey Realtors or a board/association staff member who resides in New Jersey. Applications must be submitted by April 9.