Bill would require schools, fire districts, and county governments to share in refunding property taxes

by: Anthony F. Della Pelle
28 Jun 2012

Senator Anthony Bucco (R-Morris) has introduced S-1896, which would require county governments, school districts, fire districts and other taxing districts to share in the burden of paying for property tax refunds.  Currently, only the county shares in this burden with municipalities through the county tax equalization process while schools and fire districts, and other taxing districts do not have to refund any of the property tax money they collect.  A companion bill was introduced in the Assembly under bill number A-1503.

Under the bill, the tax collector would be required to send a notice of the pro rata share of the property tax appeal refunds paid by the municipality during the tax year to the county, school districts and fire districts for inclusion into their annual budgets.  The municipal tax collector would then be required to deduct the pro rata share of the property tax refunds from the amounts to be paid to the county and each school district and fire district.  Some other states, like New York, already utilize a similar procedure.

To see a copy S-1896, please click here.

To see a copy of A-1503, please click here.

If you wish to contact your local legislator about these bills, please click here.

For more information of legislative developments related to New Jersey property taxes, please see the following blog posts:

Refunds for Environmental Remediation?

Changes to Statute Requiring Payment of Taxes Pending Appeal Being Considered

Legislative Reform For Tax Assessments On The Way?

Will Income Tax Be Used to Offset Property Taxes?