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  • NJ A3635
  • Temporarily maintains property tax exemption for previously exempt non-profit hospital properties; establishes "Non-Profit Hospital Property Tax Exemption Study Commission."
Introduced
(4/14/2016)
In Committee
(4/14/2016)
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill would maintain property tax exemptions for non-profit hospital properties for tax years 2016 and 2017 if such properties were exempt from property taxation in tax year 2015, and would bar any litigation or other actions to subject these properties to property taxation for those two tax years. The bill would also establish a commission, designated as the "Non-Profit Hospital Property Tax Exemption Study Commission," to study the current status of non-profit hospital property tax exemptions, and to issue a report with recommendations on how the law governing non-profit hospital property tax exemptions should be updated so that it is fair to non-profit hospitals, municipalities, and taxpayers. Non-profit hospitals have changed substantially over the decades and the law governing property tax exemptions for their properties has not evolved with these changes. The disconnect that now exists between modern non-profit hospital operations and the law has led to a patchwork of costly litigation over whether non-profit hospitals should be subject to property taxation. This bill would preserve, for two years, the property tax-exempt status that had long existed for non-profit hospital properties, and would dismiss all litigation over the property tax status of these properties during this period of time. This temporary bar on litigation would allow a panel of experts in the relevant fields to conduct a careful study of the complex issues involved in the property taxation of non-profit hospitals, and develop proposals for consideration by the Governor and the Legislature on how the property tax exemption law should be updated to reflect modern non-profit hospital operations and provide fairness to non-profit hospitals, municipalities, and taxpayers.
Not specified
Introduced, Referred to Assembly Housing and Community Development Committee  (on 4/14/2016)
 
 
Date Chamber Action Description
4/14/2016 A Introduced, Referred to Assembly Housing and Community Development Committee
Date Motion Yea Nay Other
None specified