A4607 — Requires municipality to pay to board of education 5 percent of annual service charge collected under "Long Term Exemption Law" under certain circumstances.

A4607 — Requires municipality to pay to board of education 5 percent of annual service charge collected under "Long Term Exemption Law" under certain circumstances. · Informed CitizenryThis bill amends the Long Term Tax Exemption Law to require municipalities to remit 5 percent of the annual service charges collected from urban renewal entities to the board of education of the pu…Open in Informed Citizenry