News Flash

Home

Posted on: August 24, 2018

Law Permits County to Change Assessment Calendar

On August 17 Governor Murphy signed into law A-538/S2257, which permits a county governing body, with the approval of the county board of taxation, to revise the real property assessment calendar. Effective immediately, P.L. 2018, c. 94 permits a county governing body to adopt the revised real property assessment calendar that is used in the Real Property Assessment Demonstration Program. Adoption of the revised calendar does not require participation or adoption of the Real Property Assessment Demonstration Program. Currently, Monmouth and Gloucester counties are using the revised calendar.
If the county adopts the revised assessment calendar, it will be implemented on October 1. The change in the calendar is permanent and the county is prohibited from adopting any other real property assessment calendar. For more on P.L. 2018, c.94, please see our recent blog post.
 
Contact: Lori Buckelew, Senior Legislative Analyst, lbuckelew@njslom.org, 609-695-3481, x112.

Facebook Twitter Google Plus Email

Other News in Home

Local Gov. Assistance in Wake of Florence

Posted on: September 12, 2018

2018 League Conference Resolutions

Posted on: September 11, 2018

CV for Out-of-State Sales Tax Bill

Posted on: September 7, 2018

Alyssa's Law Gets Conditional Veto

Posted on: September 7, 2018

Governor Vetoes Bag Fee Bill

Posted on: August 24, 2018

Post-Retirement Volunteer Bill Ok'd

Posted on: August 24, 2018

NJ Infrastructure Bank Changes

Posted on: August 20, 2018

Automatic Mail-In Ballots Get Gov. Ok

Posted on: August 20, 2018