Bill > A4789

This bill requires any increase in local government costs for employee health care and prescription benefits coverage to be offset by an equivalent increase in municipal energy tax receipts property tax relief aid. Specifically, it amends current law to exclude increases in health care costs from the cap on the annual tax levy, but only for municipalities that receive increased energy tax receipts property tax relief aid to cover those costs. The bill also requires municipalities to submit documentation of any annual increases in health care and prescription benefits costs to the Director of the Division of Local Government Services in order to receive the offsetting aid.

Government Affairs

https://www.njleg.state.nj.us/bill-search/2022/A4789