Bill > S1770

This bill allows gross income tax refunds to be credited against a taxpayer's delinquent local property taxes in the same manner as is currently allowed for homestead property tax rebates and credits claimed by delinquent property tax payers. The bill also specifies that the term "refund of taxes pursuant to the New Jersey Gross Income Tax Act" includes any interest allowed on a refund of an overpayment. The bill provides that if a tax collector fails to furnish the required list of delinquent property taxpayers to the director, the director shall refund any taxes pursuant to the Gross Income Tax Act and either pay the homestead rebate directly to the delinquent applicant or provide a credit for the applicant.

Budget and Finance