A1224 — Limits long term tax exemptions in municipalities with school districts receiving certain State school aid.

A1224 — Limits long term tax exemptions in municipalities with school districts receiving certain State school aid. · Informed CitizenryAssembly Bill 1224 aims to limit the duration of certain property tax exemptions within towns and cities that receive specific amounts of state funding for their local school districts. Essentially…Open in Informed Citizenry