A3915 — Requires municipality to pay to board of education 5 percent of annual service charge collected under "Long Term Exemption Law" under certain circumstances.

A3915 — 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 change how municipalities distribute the annual service charges collected from urban renewal entities. Specifically, it requires municipalities t…Open in Informed Citizenry