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Senate Budget Chairman Seeks to Revisit Hospital Property-Tax Exemptions

Thursday, May 11, 2017   (0 Comments)
Posted by: Annie Snyder
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Senate Budget Chairman Seeks to Revisit Hospital Property-Tax Exemptions

NJSPOTLIGHT | APRIL 24, 2017

http://www.njspotlight.com/stories/17/04/24/senate-budget-chairman-seeks-to-revisit-hospital-property-tax-exemptions/

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


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