Category Archives: Government Affairs
Discussing Real Estate With New Jersey Legislators
Last week the New Jersey Realtors® Leadership Team met with members and staff of the U.S. House of Representatives and U.S. Senate in Washington, D.C. to discuss urgent issues impacting real estate in New Jersey. The Leadership Team focused on reminding Members of Congress about the importance of the Mortgage Interest Deduction and why […]
Legislature Begins Process of Repealing Estate Tax
At its meeting on February 29, the New Jersey State Senate Budget and Appropriations Committee began the process of repealing the Estate Tax in New Jersey by passing S-1728. This bipartisan legislation phases out the New Jersey Estate Tax over a period of five years. Under current laws, the Estate Tax takes effect when […]
Gov. Christie Delivers FY 2017 Budget Address
On February 16, 2016, Gov. Christie delivered the Fiscal Year 2017 budget proposal in a speech to a joint session of the State Legislature. The budget proposal totals $34.8 billion and contains no tax or fee increases. In his seventh budget address as Governor, Christie focused a lot of his attention to the public pension system, gas tax, […]
NJ Realtors Takes Part in Senator Menendez’s Foreclosure Roundtable
On Tuesday, January 19, NJ Realtors® President Tg Glazer and Local Government & Regulatory Affairs Coordinator, Bruce Shapiro, partook in an important roundtable discussion held by U.S. Senator Bob Menendez in his Newark office. The group, which included a number of industry stakeholders, engaged in meaningful discussions on how to best develop solutions to tackle New […]
Gov. Christie Delivers State of the State Address
On January 12, 2016, Gov. Christie delivered his State of the State Address to a joint Session of the State Legislature. In his speech, the Governor called for an elimination of the estate tax and expressed his opposition to a constitutional amendment on mandatory pension payments, expressing that passage of such an amendment could lead to […]
Gov. Christie Conditionally Vetoes NJ Realtors® Bill
Over the last few months, New Jersey Realtors® and our dedicated members have continuously rallied for our bill that proposed restrictions on Megan’s Law offenders obtaining real estate licenses and also made common sense changes to current continuing education laws. As we previously reported, the bill unanimously passed in both the Assembly and Senate and was put […]
NJ Realtors® Meets with NJ Real Estate Commission
On Tuesday, December 1, NJ Realtors® CEO, Jarrod Grasso, and General Counsel, Barry Goodman, spoke in front of the NJ Real Estate Commission to ensure the continued ability for real estate licensees to be independent contractors. New Jersey Realtors® has closely monitored proceedings around the country surrounding the ability for Realtors® to continue to […]
NAR Conference Recap
On November 16, the NAR Board of Directors met during the NAR annual conference in San Diego to discuss and approve a number of issues vital to the Realtor® community. Below are the highlights from this important meeting. Free Forms Benefit from NAR The new zipLogix® benefit means members will get free access to various forms […]
2015 Assembly Election Recap
Following the elections for the State Assembly on November 3, the Democratic party has expanded their control in the General Assembly, controlling at least 51 seats in the next session of the State Legislature, up from the 48 seats currently held by the Democratic party. At least three seats have changed control from the Republican […]
North Brunswick Reduces CCO Inspection Fees
At its meeting on November 3, 2015, the North Brunswick Township Council adopted an ordinance creating a new Certificate of Continued Occupancy inspection requirement. Working with the Middlesex County Association of Realtors®, New Jersey Realtors® was able to have the fees that sellers would have to pay when selling their homes reduced. As originally discussed earlier […]