A 4402
Requires fire districts, school districts, and county governments to share in burden of property assessment appeal refunds.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill requires New Jersey’s county governments, school districts, and fire districts to share in the costs associated with property assessment appeal refunds. Currently, only the county is responsible for this portion of the refund. The bill mandates that municipal tax collectors calculate and distribute a pro-rata share of these refunds to the affected local entities, which they must then include in their annual budgets. This aims to ensure a more equitable distribution of these financial adjustments.
Sponsors
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Primary sponsor
Jay Webber
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