New Jersey 222nd Legislature Status: Introduced 8 D cosponsors

S 3103 — Dedicates 50 percent of revenues collected from additional fees and taxes imposed on real property transfers valued over $1 million to Affordable Housing Trust Fund.

Last action — REF SBA

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed General Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 13, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 38% · moderate confidence

  • Introduced

    Current position in the legislative process.

  • 8 sponsors

    2 primary, 6 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (8 D).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

Allocates half of extra fees from real estate sales over $1 million to affordable housing funding.

This bill dedicates 50% of revenue from additional fees and taxes on real property transfers valued over $1 million to the Affordable Housing Trust Fund. This aims to support affordable housing initiatives.

What this means for you
  • Families: This may lead to increased support for affordable housing options for families.

Summary

Real property, transfers valued over $1M-concerns the addl fees & taxes imposed

Bill Text

  • Introduced View text Current html January 08, 2026

Action History

  1. REF SBA

  2. REP 2RS

  3. INT 1RS REF SCU

Sponsors

Sponsorship breakdown

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2 sponsors · 6 co-sponsors · 112 not signed on · 1 voted No

Sponsors (2)

Co-sponsors (6)

Not signed on (112)

112 members have not signed on to this bill.

Show all 112 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S 3103 do?
Real property, transfers valued over $1M-concerns the addl fees & taxes imposed
Who sponsors S 3103?
S 3103 is sponsored by Diegnan Jr., Patrick J. (Democrat), Cryan, Joseph P. (Democrat), Johnson, Gordon M. (Democrat), Stack, Brian P. (Democrat), Zwicker, Andrew (Democrat), Singleton, Troy (Democrat), Gopal, Vin (Democrat), and Wimberly, Benjie E. (Democrat).
What is the current status of S 3103?
This bill has been introduced in the Senate. Introduced January 13, 2026. It must pass committee before a floor vote.
Where can I track S 3103?
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Last checked for changes 3 months ago · updated continuously

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