S 3253
Enhances transparency and accountability of online tax sales.
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- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill aims to improve the transparency and accountability of online tax sales in New Jersey. It mandates that the Department of Community Affairs solicit proposals from qualified vendors to conduct these sales, ensuring a competitive process and preventing potential bid rigging or manipulation. The bill also establishes guidelines for municipalities contracting with these vendors, requiring corporate ownership disclosures and promoting fair bidding practices. Finally, it directs the state to evaluate the effectiveness of online tax sales and recommend potential reforms.
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