A4104 — Imposes annual State tax on investment ownership of single family residences in this State by certain entities for purposes other than single family ownership, providing revenue for down payment assistance for family ownership.

A4104 — Imposes annual State tax on investment ownership of single family residences in this State by certain entities for purposes other than single family ownership, providing revenue for down payment assistance for family ownership. · Informed CitizenryThis bill proposes an annual State tax on entities that own more than 20 single-family residences in New Jersey for purposes other than single-family ownership. The tax is calculated as $20,000 mul…Open in Informed Citizenry