A5228 — Requires municipal tax collectors who obtain payments in lieu of taxes under "Long Term Tax Exemption Law" to share portion of that revenue with school district or districts.

A5228 — Requires municipal tax collectors who obtain payments in lieu of taxes under "Long Term Tax Exemption Law" to share portion of that revenue with school district or districts. · Informed CitizenryThis bill requires municipalities to share a portion of the revenue received from annual service charges (payments in lieu of taxes) with the county and school districts. Specifically, the amount r…Open in Informed Citizenry