News Flash

Ask Your Legislator to Join Energy Tax Receipt Budget Resolutions

The League, the New Jersey Conference of Mayors, and the New Jersey Urban Mayors Association continue to call for the full restoration of Energy Tax Receipts. As a result of our collective outreach, Senator Greenstein and Assemblyman DeAngelo are sponsori...

Congress Passes Fiscal Responsibility Act

On Wednesday night the House passed H.R. 3746, the Fiscal Responsibility Act of 2023 by a margin of 314-117 and on Thursday the Senate passed the legislation by a vote of 63-36 after a series of amendments were not agreed to. President is expected to imme...

SCOTUS Decision Could Impact NJ Property Tax Laws

This week, SCOTUS issued a unanimous decision in Tyler v. Hennepin County, Minnesota, a case where a property owner argued that the Minnesota state law allowing Hennepin County to retain a $25,000 surplus following the auction sale of her home for unpaid ...

Plan Design Committee Holds Regular May Meeting

The State Health Benefits Program Plan Design Committee met on Wednesday for the regularly scheduled meeting and discussed the following items:

• Potential increase in the contribution amount for High Deductible Health Plans to comply with recent guidance fr...

Federal Debt Ceiling Negotiations Update

After a meeting earlier this week between President Joe Biden and House Speaker Kevin McCarthy, White House, and House Republican negotiators have met to resolve the debt ceiling standoff, when the government will no longer be able to pay its bills, on or...

DLGS Issues Guidance on Russia-Belarus Certification

The Division of Local Government Services has issued Local Finance Notice 2023-11 providing guidance on the Russia-Belarus Certification. 

We would like to highlight the following from the Notice:

• Department of Treasury has published a list (Russia...

Continue to Urge Full Funding of Energy Tax Receipts

On Thursday, League staff worked the Statehouse and spoke with Assembly representatives before they went into caucus, urging them to support the full restoration of Energy Tax Receipts. Our thanks to East Windsor Mayor Janice Mironov, who joined us and sp...

Governor Signs Deferred Compensation Plans Investments Bill

On May 8, Governor Murphy signed into law S-2423/A-3746, which permits local government deferred compensation plans to invest in collective investment trusts. The League supported this legislation that adds collective investments to the types of investmen...

CY 2022 Audit Deadline Extended

The Division of Local Government Services has issued Local Finance Notices 2023-10 extending the CY 2022 Audit deadline to September 29, 2023. This extension applies to counties, calendar year municipalities and all calendar year authorities, including fi...