Bill > A4466

Introduced Session

This bill concerns the appeal by a taxpayer, or a taxing district, of the assessed valuation of a parcel of real property having an assessed valuation of more than $1,000,000. R.S.54:3-21 currently provides that a taxpayer or a taxing district may file a complaint appealing the current assessment directly with the Tax Court, if the assessed valuation of the property subject to the appeal exceeds $1,000,000. The statute also provides that an appeal to the Tax Court by one party in a case in which the Tax Court has jurisdiction establishes jurisdiction over the entire matter in the Tax Court. This bill would require that in the case where appeals on a single property for a single tax year have been filed with both the Tax Court and the county board of taxation, the county board of taxation shall dismiss the appeal before it without prejudice.

AI Summary

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Alixon Collazos-Gill (D)*, 

Introduced, Referred to Assembly State and Local Government Committee (on 06/03/2024)

Official Document