A1380
Type: B Origin: Assembly New Jersey Comments: 0

Establishes State Payment In Lieu Of Taxes To Municipalities For Loss Of Revenues Due To An Overburden Of Tax-Exempt Cemetery Property; Appropriates $66 Million.

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This bill creates a State payment program to compensate municipalities for revenue losses resulting from an excess of tax-exempt cemetery properties. It allocates $66 million for this purpose.

Bill Activity

  • 2024-01-09: Introduced, Referred to Assembly State and Local Government Committee

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