A4961 — Increases threshold for imposition of certain fees and taxes on certain real property transfers from $1 million to $1.5 million, subject to annual adjustment based on Consumer Price Index.

A4961 — Increases threshold for imposition of certain fees and taxes on certain real property transfers from $1 million to $1.5 million, subject to annual adjustment based on Consumer Price Index. · Informed CitizenryThe bill amends sections of P.L.2004, c.66 and P.L.2006, c.33 to increase the threshold for certain fees and taxes on real property transfers from $1 million to $1.5 million. This increased thresho…Open in Informed Citizenry