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  • NJ A4578
  • Prohibits certain property from receiving property tax exemption or abatement.
Introduced
(2/13/2017)
In Committee
(2/13/2017)
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill would prohibit a property which was developed using benefits from the "Grow New Jersey Assistance Act" or the "New Jersey Economic Stimulus Act of 2009" from receiving a property tax exemption under the "Five-Year Exemption and Abatement Law," or the "Long Term Tax Exemption Law." These types of properties and their owners have already benefitted from public dollars to increase the value of their investment, and there is no need for municipalities to provide additional benefits available through the law.
Not specified
Introduced, Referred to Assembly Housing and Community Development Committee  (on 2/13/2017)
 
 

Date Chamber Action Description
2/13/2017 A Introduced, Referred to Assembly Housing and Community Development Committee
Date Motion Yea Nay Other
None specified