Permits municipalities to issue two separate property tax bills to property taxpayers; requires fire districts, school districts, and county governments to share in burden of property assessment appeal refunds.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill, the "Transparent Tax Act of 2015," allows municipalities in New Jersey to issue two separate property tax bills to taxpayers. One bill will detail municipal taxes, while the other will outline taxes for county, school district, and fire district purposes. Furthermore, the bill requires these local entities – fire districts, school districts, and county governments – to share in the burden of property assessment appeal refunds, ensuring a more equitable distribution of these funds.
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