After making their way through committee last week, A-1135 and the Senate Committee Substitute for S-357 and S-624 were scheduled yesterday for a vote before the full Assembly and Senate. However, the legislation was removed from the voting session agenda.
For those who have been following this legislation, you know that the League has maintained opposition to these bills. This legislation stems from a tax court decision that brought to light how the business model for modern hospitals does not comport with the original public policy reasons for exempting non-profit hospitals from property taxes. While the League is supportive of a legislative solution to the issue, we do not believe that these bills provide a proper solution.
While we are glad the bills were removed from yesterday’s agenda this only temporarily halts their progress. Progress still needs to be made to ensure appropriate legislation is adopted.
We urge our members, especially those hosting non-profit hospitals, to continue to reach out to your legislators and to the Governor’s office, expressing how this issue impacts your community’s taxpayers.
Contact: Frank Marshall, Esq., Associate General Counsel, fmarshall@njlm.org, 609-695-3481 x137.
