S205 — Concerns assessment of real property; requires cessation of all State aid to municipality under certain circumstances when assessments not kept current.

S205 — Concerns assessment of real property; requires cessation of all State aid to municipality under certain circumstances when assessments not kept current. · Informed CitizenryThis bill requires county boards of taxation to conduct annual reviews of real property values in each municipality to determine if a revaluation or reassessment is necessary. The county tax admini…Open in Informed Citizenry