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Bill > S1225


NJ S1225

NJ S1225
Requires municipality to return to taxpayer property taxes paid in error due to assessor's or owner's mistake.


summary

Introduced
02/03/2022
In Committee
05/09/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill would require a municipality to issue a property tax refund to a property owner who overpays his or her property taxes. The New Jersey Statutes currently permit, but do not require, a municipality to make such a refund to a property taxpayer under these circumstances. This amendment is necessary to revise the statute to reflect the New Jersey Tax Court's decision in Hanover Floral v. East Hanover Twp., 30 N.J. Tax 181 (Tax 2017), which required Hanover Township to refund excess property taxes paid by Hanover Floral as the result of an error made by the municipal tax assessor. The Tax Court limited the amount of the refund due to Hanover Floral to the excess taxes paid in the tax year in which Hanover Floral filed its complaint, and the three years prior. The bill also limits the amount of the refund to the amount of excess taxes paid in the tax year in which the governing body has been notified by the taxpayer of the error, and the three tax years immediately prior.

AI Summary

This bill requires municipalities in New Jersey to issue property tax refunds to taxpayers who have overpaid their property taxes due to an error made by the municipal tax assessor or the property owner. The bill limits the refund to the excess taxes paid in the tax year when the municipality was notified of the error and the three previous tax years. The bill also clarifies that an assessment shall not be considered invalid simply because it was listed or assessed in the name of someone other than the owner or because it was erroneously classified as belonging to an unknown or non-resident owner.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (2)

Last Action

Referred to Senate Budget and Appropriations Committee (on 05/09/2022)

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