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SENATE BUDGET CHAIRMAN SEEKS TO REVISIT HOSPITAL PROPERTY-TAX EXEMPTIONS

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LILO H. STAINTON | APRIL 24, 2017

Dozens of municipalities have challenged hospitals and their current tax-exempt status

Senate Budget and Appropriations Committee Chairman Paul Sarlo (D-Bergen)

A leading Senate Democrat is crafting a plan to revise a century-old law that permits the vast majority of New Jersey hospitals to avoid paying property taxes, a situation that has already prompted dozens of lawsuits in municipalities seeking to change this status quo.

Budget Chairman Paul Sarlo, (D-Bergen), said he is working on a bill that would require hospitals to pay regular fees, based on the number of beds or a similar mechanism, to their host communities to help fund local roads, first responders, and other costs now covered largely by municipal property taxes.

https://www.njspotlight.com/stories/17/04/24/senate-budget-chairman-seeks-to-revisit-hospital-property-tax-exemptions/?utm_campaign=new-jersey-politics&utm_content=2017-25-04-9463353&utm_source=Sailthru&utm_medium=email&utm_term=New%20Jersey%20Politics

4 thoughts on “SENATE BUDGET CHAIRMAN SEEKS TO REVISIT HOSPITAL PROPERTY-TAX EXEMPTIONS

  1. Retroactive, please!!!!

  2. Why haven’t the Village and BOE challenged Valley’s “not-for-profit” tax status in the state courts using the Morristown precedent? Why hasn’t the Council asked them to make a “payment in lieu of taxes (PILOT)” for Village services rendered like police & fire who are at Valley constantly and reset their alarms every time they get pulled? Seems like somebody is ignoring a potential major revenue source for the Village of almost $4mn a year of 10% of our annual Village budget. Why is that ?

  3. I never thought I would vote for a democrat but if Sarlo goes all the way with this I would consider voting him. May be just baloney though.

  4. Paulie Walnuts talks a good game, keeps the political contributions flowing.
    Congratulations to the Budget Chairman of the most broke state in the union.

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