A5601Introduced in the General Assembly
Requires municipal tax collectors who obtain payments in lieu of taxes under "Long Term Tax Exemption Law" to share portion of that revenue with school district or districts.
IntroducedAssembly State and Local Government
Introduced by Roy Freiman, District 16
What does this bill do?
Plain-English breakdown
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Official description
Requires municipal tax collectors who obtain payments in lieu of taxes under "Long Term Tax Exemption Law" to share portion of that revenue with school district or districts.
Where it stands
Introduced, Referred to Assembly State and Local Government Committee
October 5, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced, Referred to Assembly State and Local Government Committee
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