STATE OF NEW JERSEY
218th LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2018 SESSION
Sponsored by:
Assemblyman ERIC HOUGHTALING
District 11 (Monmouth)
Assemblywoman JOANN DOWNEY
District 11 (Monmouth)
Assemblyman JOHN DIMAIO
District 23 (Hunterdon, Somerset and Warren)
Assemblyman PARKER SPACE
District 24 (Morris, Sussex and Warren)
Senator MICHAEL J. DOHERTY
District 23 (Hunterdon, Somerset and Warren)
Senator FRED H. MADDEN, JR.
District 4 (Camden and Gloucester)
Co-Sponsored by:
Assemblyman Harold J. Wirths, Assemblywomen Reynolds-Jackson, Murphy and Assemblyman Lagana
SYNOPSIS
Requires Director of Division of Taxation to examine feasibility of centralized property tax information system to verify property taxes paid by homestead property tax reimbursement claimants.
CURRENT VERSION OF TEXT
As reported by the Assembly State and Local Government Committee with technical review.
An Act concerning the homestead property tax reimbursement program.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. The Director of the Division of Taxation in the Department of Treasury shall examine the feasibility of establishing, for the administration of the homestead property tax reimbursement program, P.L.1997, c.348 (C.54:4-8.67 et al.), a centralized property tax data system that would assist the division in verifying the amount of property tax paid on any homestead in any base year, and in any year for which an eligible claimant seeks a reimbursement. Upon the completion of the director’s examination, the director shall prepare a written report containing the director’s findings. The report shall be transmitted to the Governor and to the Legislature, pursuant to section 2 of P.L.1991, c.164 (C.52:14-19.1), no later than six months following the effective date of this section.
b. If the director concludes, pursuant to subsection a of this section, that a centralized property tax data system is feasible, the report shall enumerate the director’s recommendations for changes to statutory law or regulations necessary to implement the system. If the director determines that no changes to statutory law or regulations are necessary to implement a centralized property tax data system, the director shall implement such a system no later than the first day of the fourth month next following the date of the director’s transmission of the report to the Governor and the Legislature.
2. This act shall take effect immediately.