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A 5978STATE · New JerseyIntroduced

Clarifies current law addressing commissions paid to limited liability companies formed by real estate salespersons or broker-salespersons.

Latest action: Approved P.L.2025, c.271.

Voted: 1/12/2026

How representatives voted

112 yea·0 nay

Action history

  • 1/12/2026Approved P.L.2025, c.271.
  • 12/22/2025Passed Assembly (72-0-2)
  • 12/22/2025Received in the Senate without Reference, 2nd Reading
  • 12/22/2025Substituted for S4889
  • 12/22/2025Passed Senate (Passed Both Houses) (37-0)
  • 12/11/2025Reported out of Assembly Committee, 2nd Reading
  • 11/17/2025Introduced in the Assembly, Referred to Assembly Regulated Professions Committee