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Bill > A1012
NJ A1012
NJ A1012Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over five years to restore municipal aid reductions; requires additional aid to be subtracted from municipal property tax levy.
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over five years to restore municipal aid reductions; requires additional aid to be subtracted from municipal property tax levy.
AI Summary
This bill increases the distribution to municipalities from the Energy Tax Receipts Property Tax Relief Fund over five years, in order to restore municipal aid reductions. The additional aid must be subtracted from the municipal property tax levy. Specifically, the bill increases the amount distributed to municipalities by 20% in fiscal year 2017, 40% in fiscal year 2018, 60% in fiscal year 2019, 80% in fiscal year 2020, and 100% of the difference between 2008 and 2012 aid levels in fiscal year 2021 and each year thereafter.
Committee Categories
Government Affairs
Sponsors (27)
Herbert Conaway (D)*,
Parker Space (R)*,
Jay Webber (R)*,
Bob Auth (R),
John Catalano (R),
DeAnne DeFuccio (R),
John DiMaio (R),
Aura Dunn (R),
Kimberly Eulner (R),
DiAnne Gove (R),
Sean Kean (R),
Pam Lampitt (D),
Michele Matsikoudis (R),
Antwan McClellan (R),
Greg McGuckin (R),
Gabriela Mosquera (D),
Bethanne Patrick (R),
Marilyn Piperno (R),
Verlina Reynolds-Jackson (D),
Brian Rumpf (R),
Beth Sawyer (R),
Erik Simonsen (R),
Lisa Swain (D),
Edward Thomson (R),
Chris Tully (D),
Brandon Umba (R),
Harold Wirths (R),
Last Action
Motion To Table (42-32-0) (Greenwald) (on 06/16/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A1012 |
| BillText | https://pub.njleg.gov/Bills/2022/A1500/1012_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/A1500/1012_I1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A1500/1012_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A1500/1012_I1.PDF |
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