New Jersey Assembly Bill 4953: Requires municipalities to share certain payments received in lieu of property taxes with school districts; informs counties and school districts of application for property tax exemption.

New Jersey · 2026-2027 Regular Session

What it does

Requires municipalities to share certain payments received in lieu of property taxes with school districts; informs counties and school districts of application for property tax exemption.

Latest action

Introduced, Referred to Assembly Education Committee (2026-05-07)

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