NJ S2087 | 2010-2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 24 2010 - 25% progression, died in committee
Action: 2010-06-24 - Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
Pending: Senate Community and Urban Affairs Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on June 24 2010 - 25% progression, died in committee
Action: 2010-06-24 - Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
Pending: Senate Community and Urban Affairs Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires municipalities accepting long-term tax exemption Payment In Lieu Of Taxes to distribute portion of payments to county and other taxing districts; limits Payment In Lieu Of Tax agreements to 15-20 years.
Title
Requires municipalities accepting long-term tax exemption Payment In Lieu Of Taxes to distribute portion of payments to county and other taxing districts; limits Payment In Lieu Of Tax agreements to 15-20 years.
Sponsors
| Sen. Diane Allen [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-06-24 | Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee |
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2010/S2087 |
| Text | https://pub.njleg.gov/Bills/2010/S2500/2087_I1.HTM |
