SENATE COMMUNITY AND URBAN AFFAIRS COMMITTEE

 

STATEMENT TO

 

SENATE, No. 1298

 

STATE OF NEW JERSEY

 

DATED:  MARCH 25, 2019

 

      The Senate Community and Urban Affairs Committee reports favorably Senate Bill No. 1298.

      This bill permits a municipality to include on the tax bill a statement listing the number and type of shared services entered into by the municipality, the dollar value of the savings to the municipality from each of those shared services, and a total amount of municipal savings resulting from those shared services.  The statement on the tax bill would have to be in the format promulgated by the Director of the Division of Local Government Services in the Department of Community Affairs.