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NJ A302

NJ A302
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.


summary

Introduced
01/27/2016
In Committee
04/04/2016
Crossed Over
Passed
Dead
01/08/2018

Introduced Session

2016-2017 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 to restore municipal aid reductions. It also requires any additional aid to be subtracted from the municipal property tax levy.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (18)

Last Action

Reported out of Assembly Comm. with Amendments, 2nd Reading (on 04/04/2016)

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