Bill

Bill > S730


NJ S730

NJ S730
Allows gross income tax refunds to be credited against taxpayer's delinquent local property taxes.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill allows gross income tax refunds to be credited against a taxpayer's delinquent local property taxes in the same manner as is currently allowed for homestead property tax rebates and credits claimed by delinquent property tax taxpayers.

AI Summary

This bill allows gross income tax refunds to be credited against a taxpayer's delinquent local property taxes in the same manner as is currently allowed for homestead property tax rebates and credits claimed by delinquent property tax payers. The bill amends existing law to include gross income tax refunds, including any interest earned, in the list of payments that can be withheld and applied towards a taxpayer's delinquent local property taxes. This change aims to help municipalities collect outstanding property tax debts by allowing them to offset those debts against any income tax refunds owed to the delinquent taxpayer.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Budget and Appropriations Committee (on 01/14/2020)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...