Requires fire districts, school districts, and county governments to share in burden of property assessment appeal refunds.
Introduced First Reading Assembly Referred to ASL
Summary
The bill orders municipal tax collectors to divide any property‑assessment appeal refunds among the municipality, its county, school districts, fire districts and other taxing districts on a proportional basis. Each district receives a notice of its share, and the municipality deducts that share from the payments it makes to the districts in the following year. The legislation also revises how fire‑district and county tax liabilities are calculated after such refunds.
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