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May 8, 2012

URGENT!!  Action Needed Now

RE: Property Tax Funding Restoration Committee Action Scheduled

Dear Mayor:

On May 17, the Senate Budget and Appropriations Committee is likely to vote on S-1900, a bill to phase-in the restoration of $439 million, for municipal property tax relief. For more on the bill, see our letter of May 4 (http://www.njslom.org/letters/2012-0504-energy-receipts.html). We are discussing with the sponsors refinements that may be needed to account for recent changes in the statutes governing local budgets in order to provide municipalities with appropriate budgetary flexibility.

This bill needs to pass both Houses by the end of June, so that it can affect this year’s State Budget. Quick action is, therefore, essential. We have posted a SAMPLE RESOLUTION IN SUPPORT OF PHASED-IN RESTORATION at our internet Energy Receipts Restoration Resource Center (http://www.njslom.org/energy-tax-resource-center.html).

The links to the Sample Resolution are: PDF - http://www.njslom.org/resolutions/DRAFT-RESOLUTION-SUPPORT-PHASED-IN-RESTORATION.pdf
WORD - http://www.njslom.org/resolutions/DRAFT-RESOLUTION-SUPPORT-PHASED-IN-RESTORATION.doc

IF AT ALL POSSIBLE, we urge you to pass a resolution. IF TIME DOES NOT ALLOW FOR THAT, we urge you to send a letter of support to the Committee’s Chair (and the bill’s sponsor) Senator Paul Sarlo at:

Hon. Paul A Sarlo,
Chairman, Senate Budget and Appropriations Committee
496 Columbia Blvd.
1st Floor
Wood-Ridge, NJ 07075

Please also send us a copy of either your resolution or your letter.

We also ask that you contact your own State Senator and Assembly representatives and urge them to co-sponsor this legislation. With this legislation, this can be the year that the State of New Jersey begins to restore to municipalities some of the property tax relief funding promised them by the laws of the State of New Jersey.
Please contact your legislators. Urge them to support increased municipal property tax relief funding. Urge them to co-sponsor S-1900.

Visit our Energy Tax Restoration Center at http://www.njslom.org/energy-tax-resource-center.html for more information. If you have any questions, contact Jon Moran at 609-695-3481, ext. 121 or jmoran@njslom.com.

Very truly yours,

William G. Dressel, Jr.
Executive Director

 

 

 

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