Update 11/20/2023
A-4750 has been conditionally vetoed by Governor Murphy and returned to the Assembly with suggested amendments.
To view the Governor’s statement, please click here.
A-4750/S-3286 would require the NJ Business Action Center (Department of State) to maintain a database of all vacant commercial real estate in the state that is available for purchase or lease by small businesses.
The legislation has been passed by the Assembly and the Senate and will now be considered for adoption or veto by Governor Phil Murphy.
For more information, please click here for an alert from Greenbaum Rowe Smith & Davis LLP.
To view the text of the bill and the current status, please click here.