FIVE TOOL KIT BILLS PASS IN SENATE

Five bills that would comprise part of the property tax “tool kit” to help local governments deal with new fiscal realities under the recently enacted two-percent property tax cap law were today passed by the Senate. The bills passed today would: – Authorize state colleges to team together to form risk management groups and joint…

TAX REFORM BILLS MOVE THROUGH ASSEMBLY

Two tax reform bills to attack unfunded state mandates that drive up property taxes were approved Thursday by the Assembly. The bills would: – Allow more groups to file complaints against unfunded state mandates (A-3204). It was approved 75-0. – Save municipalities money by revising master plan re-examination requirements (A-3272). It was approved 75-0. The…