RealEstateRama Laws & Taxes
WASHINGTON, D.C. - November 14, 2013 - (RealEstateRama) --A bill to be introduced by Assemblyman Ron Dancer will relieve property taxpayers from a needless financial burden by uncovering and stopping unwarranted tax abatements.
WASHINGTON, D.C. - November 4, 2013 - (RealEstateRama) -- Congressman Andrews HADDON HEIGHTS, N.J. - Tuesday, Congressman Andrews announced that the Lawnside Senior Meadows senior citizen housing complex, a project that created over 200 construction jobs, is now open and accepting tenants. With the assistance and support of Congressman Andrews, the Lawnside Senior Meadows project was able to secure over $9 million in federal affordable housing tax credits that were critically needed to help finance the development.
WASHINGTON, D.C. - October 22, 2013 - (RealEstateRama) -- Assemblyman Ron Dancer has introduced two measures that would bring slot machine gaming to New Jersey’s horse racetracks with the proceeds being used to benefit both the horse racing and casino industries as well as the State’s share dedicated as aid to education for lower property taxes.
WASHINGTON, D.C. - October 18, 2013 - (RealEstateRama) -- Once again, Jersey City is looking for more tax breaks. As the Wall Street Journal recently reported: “Jersey City’s gleaming corporate towers and luxury residential skyscrapers were built in the past three decades with the aggressive use of tax breaks that helped transform its waterfront district.”
WASHINGTON, D.C. - October 3, 2013 - (RealEstateRama) -- In response to a recent article in the Sandpaper regarding the increases in property taxes for businesses’ in Stafford Township I want to take this opportunity to set the record straight. In 2013 prior to Hurricane Sandy, but in response to changing market conditions, Stafford Township planned and began the process necessary to reassess the Township.
WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- Senator Christopher “Kip” Bateman, Assemblyman Jack Ciattarelli and Assemblywoman Donna Simon, all R-Somerset, Hunterdon, Mercer and Middlesex, voiced their approval for last Tuesday’s vote in Lambertville, Stockton and West Amwell that will consolidate four school districts. The public question received the support of 86 percent of those who cast a vote.
WASHINGTON, D.C. - September 25, 2013 - (RealEstateRama) -- Assemblyman Ron Dancer has introduced cutting-edge property tax reduction legislation that will boost local economies while providing much needed tax relief to residents.
MANHATTAN U.S. ATTORNEY AND DA VANCE ANNOUNCE CIVIL FORFEITURE COMPLAINT AGAINST REAL ESTATE CORPORATIONS...
WASHINGTON, D.C. - September 10, 2013 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, James T. Hayes, Jr., the Special Agent-in-Charge of the New York Field Office of the U.S. Immigration and Customs Enforcement’s (“ICE”) Homeland Security Investigations (“HSI”), and Cyrus R. Vance, Jr., the District Attorney for New York County (“DANY”), announced today the filing of a civil forfeiture complaint against the assets of nine corporations controlling real estate in Manhattan, including four luxury residential units and two high-end commercial spaces, as well as against the assets of two related companies, and seeking the imposition of civil money laundering penalties
WASHINGTON, D.C. - June 14, 2013 - (RealEstateRama) -- Assemblyman Jack Ciattarelli, R-Somerset, Hunterdon, Middlesex and Mercer, is outraged by the report recently issued by the League of Municipalities’ Property Tax Reform Task Force. The report recommended the state revamp its income tax system in order to raise more revenue to reduce property taxes
WASHINGTON, D.C. - June 11, 2013 - (RealEstateRama) -- A bill sponsored by Assemblywoman BettyLou DeCroce and Assemblyman Jay Webber, both R-Morris, Essex and Passaic, that would provide an exemption to local governments from certain provisions of the Highlands Act when deciding to install artificial turf fields was approved by the Assembly Environment and Solid Waste Committee today. The 2004 law only provides public or private schools the exemption
WASHINGTON, D.C. - June 10, 2013 - (RealEstateRama) -- The Assembly Military and Veterans’ Affairs Committee advanced bipartisan legislation to extend the eligibility for the veterans’ property tax deduction to residents of continuing care retirement communities. The proposal is sponsored by Assembly Republicans Declan O’Scanlon and Caroline Casagrande.
Casagrande-Muñoz-Simon-O’Scanlon: Possible Jersey City payouts should prompt action on sick leave reform
WASHINGTON, D.C. - May 29, 2013 - (RealEstateRama) -- Citing the pending retirements in the Jersey City Police Department that could cost taxpayers $5 million in terminal leave payouts, Assembly Republicans Caroline Casagrande, Nancy Muñoz, Donna Simon and Declan O’Scanlon, sent a letter today urging the Chairwoman of the Assembly State Government Committee to post the Assembly Republican sick pay reform.
WASHINGTON, D.C. - May 13, 2013 - (RealEstateRama) -- Senator Christopher J. Connors, Assemblyman Brian E. Rumpf and Assemblywoman DiAnne C. Gove praised Governor Christie’s decision to veto S-1650/A-2463, a controversial measure which would revise requirements for emergency medical services delivery in New Jersey. The legislation faced staunch opposition from local EMS volunteer squads and residents who feared that their communities would be negatively impacted in terms of the emergency services provided and increases in property taxes.
WASHINGTON, D.C. - April 25, 2013 - (RealEstateRama) -- From Parsippany to Princeton, all the way down to the Jersey Shore, property taxpayers are still paying large amounts to retiring public employees because Trenton politicians refuse to stop paying for unused sick time
WASHINGTON, D.C. - April 9, 2013 - (RealEstateRama) -- If you have experienced a loss as a result of Hurricane Sandy, here are a few things to keep in mind as you prepare to file your 2012 taxes
WASHINGTON, DC - February 6, 2013 - (RealEstateRama) -- To further assist victims of Hurricane Sandy, today U.S. Representatives Bill Pascrell, Jr. (D-NJ), Michael G. Grimm (R-NY), Thomas Rooney (R-FL), and Theodore Deutch (D-FL) introduced the Homeowner Catastrophe Protection Act of 2013. This legislation will provides tax incentives for homeowners and insurance companies to allow them to better prepare for and respond to future natural disasters
CASAGRANDE/O’SCANLON BILL TO SAVE TAXPAYERS MONEY THROUGH REVOLUTIONARY PROPERTY ASSESSMENT PROCESS SIGNED INTO LAW
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- Bipartisan legislation sponsored by Assembly Republicans Caroline Casagrande and Declan O’Scanlon to save property taxpayers money by sharing property assessment resources countywide has been signed into law today by Governor Christie.
SCHEPISI-CIATTARELLI BILL GIVING TOWNS ACQUIRING FLOOD-PRONE LAND TAX-EXEMPT STATUS APPROVED BY ASSEMBLY
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- Bipartisan legislation sponsored by Assemblywoman Holly Schepisi, R-Bergen and Passaic, and Assemblyman Jack Ciattarelli, R-Somerset, Hunterdon, Mercer and Middlesex, that would exempt flood-prone properties acquired by municipalities from county, school and fire district property taxes for the following tax year, was approved by the General Assembly on Monday.
RUMANA SPONSORED BILL GIVING TOWNS ACQUIRING FLOOD-PRONE LAND TAX-EXEMPT STATUS APPROVED BY ASSEMBLY
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- Bipartisan legislation co-sponsored by Assembly Republican Whip Scott Rumana, R-Passaic, Bergen, Essex and Morris, that would exempt flood-prone properties acquired by municipalities from county, school and fire district property taxes for the following tax year, was approved by the General Assembly on Monday.
Historic Pension and Tool Kit Reforms Bring Even Greater Savings to Property Taxpayers Trenton, NJ - October 17, 2012 - (RealEstateRama) -- Governor Chris Christie...