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Business Personal Property Tax
Enactment of S1586/A2991 Would Achieve the Following
Resolve retroactively and prospectively the appropriate application of the BPPT.
Ensure corporate entities pay their fair share of municipal property taxes.
Provide some relief to residential property tax payers.
Acknowledge Verizon’s conduct as an attempt to intimidate and inappropriately coerce settlements.
Improve the BPPT so it is a reliable source of municipal revenue.
Reduce the unfortunate misuse of scarce judicial and municipal resources.
What Can You Do to Protect Your Municipality
Contact your State Senator and Assembly members and ask them to support and co-sponsor S-1586/A-2991.
Adopt a municipal resolution (DOC)
to support clarifying the Telecommunication Industry Corporate Tax Responsibilities.
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