S459 — Establishes State payment in lieu of taxes to municipalities for loss of revenues due to an overburden of tax-exempt cemetery property; appropriates $66 million.

S459 — Establishes State payment in lieu of taxes to municipalities for loss of revenues due to an overburden of tax-exempt cemetery property; appropriates $66 million. · Informed CitizenryThis bill establishes a system for the State of New Jersey to provide payments to municipalities to compensate for lost tax revenue resulting from tax-exempt cemetery property. Under the bill, muni…Open in Informed Citizenry