Governor Christie Vetoes NJAA Opposed Bill Authorizing Apartment Licensure Ordinances

On Tuesday, January 19, 2016, Governor Christie pocket vetoed S-3277, sponsored by Senator Cruz-Perez (D-Camden) and Assemblyman Burzichelli (Gloucester), which would have reversed the holding in Timber Glen v. Hamilton and allowed municipalities to license apartments. These municipal licensure schemes constitute a tax on apartments, and circumvent the bipartisan 2.0% property tax cap. NJAA had requested a veto, and applauds the governor’s decisive action on this misguided legislation. This is a priority issue for NJAA, and we will continue to have discussions with Assembly and Senate sponsors as well as all interested parties.

Click here for our desk letter in opposition to S-3277, and click here for the bill as passed in both houses of the Legislature.

If you have any questions, please contact Nicholas Kikis as 732-992-0605 or at nicholas@njaa.com.