Archives
Bramnick: Best way to observe April 15 is to lower taxes
WASHINGTON, D.C. - April 15, 2014 - (RealEstateRama) -- Today is the final day for filing federal and state income taxes. Assembly Republican Leader Jon Bramnick said the deadline is a reminder that reducing the tax burden should be the highest priority for legislators
House Members Ask HUD, CEQ for Meeting to Address Concerns of Homeowners Victimized by...
WASHINGTON, D.C. - April 14, 2014 - (RealEstateRama) -- A group of New Jersey members of the U.S. House of Representatives sent a letter to Secretary Shaun Donovan of the U.S. Department of Housing and Urban Development (HUD) and Acting Chair Michael Boots of the Council on Environmental Quality (CEQ) requesting that they attend a N.J. congressional delegation meeting to hear out questions and concerns from the delegation and state lawmakers as to why the process for helping homeowners recovering from Superstorm Sandy is taking so long. The lawmakers want to discuss what can be done to assist the 4,000 homeowners who still are not in their homes nearly a year and half after the October 2012 storm and what might be done to properly modify any other procedures that may be delaying reconstruction
Ciattarelli Requests OLS Study Estate Tax, Transfer Inheritance Tax and Pension Exclusion Laws
WASHINGTON, D.C. - April 10, 2014 - (RealEstateRama) -- As the discussion continues on how to make New Jersey a more affordable place to live, work and retire, Assemblyman Jack Ciattarelli said he is requesting the Office of Legislative Services (OLS) to conduct a study that analyzes the State’s estate tax, transfer inheritance tax, and pension exclusion when filing an income tax return. Ciattarelli believes a comprehensive review of these tax laws will lead to reforms that will make New Jersey economically vibrant and more retirement friendly.
O’Scanlon Commends Towns That Filed for Interest Arbitration Before Deadline
WASHINGTON, D.C. - April 1, 2014 - (RealEstateRama) -- Asembly Republican Declan O’Scanlon applauded the actions of the more than 40 municipalities and counties that had to scramble over the weekend and today in order to formally file for interest arbitration
O’Scanlon stunned by Assembly’s failure to act on arbitration law
WASHINGTON, D.C. - March 31, 2014 - (RealEstateRama) -- In response to the Assembly’s failure to act on the expiring arbitration cap, Assemblyman Declan O’Scanlon issued the following statement “It is quite frankly heart-breaking to me that the leadership of my house, all of whom are my friends, are leading New Jersey property taxpayers off a cliff.
Ciattarelli: Dem Arbitration Bill Would Wipe Out Property Tax Savings
WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- Assemblyman Jack Ciattarelli, R-Somerset, Hunterdon, Mercer and Middlesex, provided the remarks below regarding the Democrat’s alternate arbitration bill, A-3067, which was approved today during the General Assembly’s voting session
O’Scanlon Calls for Swift Action from Assembly to Resuscitate Interest Arbitration Cap
WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- Assembly Republican Budget Officer Declan O’Scanlon, R-Monmouth, issued the following statement after the Senate voted overwhelmingly to concur with Governor Christie’s conditional veto of A-3067, extending the interest arbitration cap through the end of 2017
Mayor Smith Introduces Zero Tax Increase Budget for 2014
WASHINGTON, D.C. - March 24, 2014 - (RealEstateRama) -- Mayor Mark A. Smith announced that the introduced 2014 municipal budget contains no increase in the municipal property tax levy. Mayor Smith said, “My Administration has worked hard for more than five years to streamline local government and to get municipal spending under control. We reduced the number of municipal departments from nine to four. We reduced total municipal debt by over 40%, and ended the practice of bonding for current expenditures.” Mayor Smith continued, “Over the past five years we have slowed the growth of municipal spending and this year, we have stabilized the municipal tax levy despite cuts in state aid, increased pension costs and increases in snow costs during the winter that just ended.
Bayonne Property Tax Grace Period Extended to Tuesday, February 18
WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- Mayor Mark A. Smith has extended the grace period for paying first quarter property tax payments to Tuesday, February 18. The original end of the grace period had been Monday, February 10. Mayor Smith extended the deadline, because winter weather conditions made it difficult for some property owners to make payments. Payments made by Tuesday, February 18, will avoid a late fee.
Online tax, sewer bill payments now available
Cherry Hill, N.J. - February 4, 2014 - (RealEstateRama) -- As part of Mayor Chuck Cahn’s commitment to making government more accessible, Cherry Hill Township now offers residents the ability to pay property taxes and Township sewer bills online by credit card, debit card or electronic check
Bayonne Property Taxes Due Monday, February 10
WASHINGTON, D.C. - February 3, 2014 - (RealEstateRama) -- The Bayonne Tax Collector’s Office announced that first quarter property tax payments are due on Monday, February 10. The nominal legal due date for the tax bills was Saturday, February 1. However, the City Council authorized a grace period through February 10. Payments made by that date will avoid a late fee. Property owners may pay their taxes by mail or in person at City Hall, 630 Avenue C, or at Bayonne branches of BCB Community Bank, or through the City website
Fiocchi Introduces Tax Relief Bill
WASHINGTON, D.C. - January 30, 2014 - (RealEstateRama) -- Assemblyman Sam Fiocchi, R-Cumberland, Cape May and Atlantic, has introduced the “Direct Tax Relief for New Jersey Families Act” that will provide a property tax cut for New Jersey homeowners. The bill (A-157) establishes the New Jersey Direct Property Tax Relief Program which also increases a renter’s gross income tax credit and increases the earned income tax credit.
Fiocchi Hails IRS Decision Sparing Emergency First-Responders and Property Taxpayers from Obamacare Snag
WASHINGTON, D.C. - January 20, 2013 - (RealEstateRama) -- Assembly Republican Sam Fiocchi today commended the Internal Revenue Service for clarifying a requirement under Obamacare that threatened the continued service of volunteer fire and medical first responders.
Schepisi-Ciattarelli Bill Aiding Homeowners of Flood-Prone Properties Approved by Assembly
WASHINGTON, D.C. - January 14, 2013 - (RealEstateRama) -- Bipartisan legislation sponsored by Assemblywoman Holly Schepisi and Assemblyman Jack Ciattarelli to exempt flood-prone properties acquired by municipalities from county, school and fire district property taxes for the following tax year, was approved today by the General Assembly
Freeholders Reorganize-Pledge No Increase in County Taxes
The Morris County Freeholders began 2014 with a pledge of working toward another year with no increase in county taxes.
Morris Freeholders Pledge to Repeat No Increase in County Taxes as Goal for 2014
WASHINGTON, D.C. - December 12, 2013 - (RealEstateRama) -- “This year, for the first time in 15 years, Morris County taxes did not increase,” said Freeholder Hank Lyon, budget committee chairman who presented the proposal. “Stopping the rise in property taxes is the number one issue I hear from Morris County residents, and after delivering a zero in 2013, we should deliver another zero in 2014.”
REGISTRATION STILL OPEN FOR NJRA REDEVELOPMENT TRAINING INSTITUTE NEW MARKETS TAX CREDIT WORKSHOP
TRENTON, N.J. - December 3, 2013 - (RealEstateRama) -- The New Jersey Department of Community Affairs (DCA) today announced that registration is still open for the upcoming “Using New Markets Tax Credits (NMTC) in the Development Process” workshop being held on December 6, 2013 at 9:30 a.m. at Thomas Edison State College in Trenton. This course is part of the NJRA Redevelopment Training Institute hosted by the New Jersey Redevelopment Authority, an affiliated agency of the DCA
Governor Christie Expands Access to Property Tax Relief by Extending Homestead Benefit Filing Deadline
Trenton - November 25, 2013 - (RealEstateRama) -- To ensure as many New Jerseyans as possible have the opportunity to obtain property tax relief, the Christie Administration has extended the deadline for filing Homestead Benefit applications to Tuesday, December 31
Township Committee To Hear Discussion On Property Tax Card Rebate Program Nov. 18th
WASHINGTON, D.C. - November 20, 2013 - (RealEstateRama) -- The Middle Township Committee will entertain discussion regarding a program that would result in property owners enjoying savings on their property tax bills simply by patronizing local businesses. The discussion will occur during the Township Committee’s work session meeting on Monday, November 18th, at 4:00pm inside Middle Township Municipal Hall.
DeCroce Named Taxpayer Advocate
WASHINGTON, D.C. - November 15, 2013 - (RealEstateRama) -- Assemblywoman BettyLou DeCroce was recently named as a Taxpayer Advocate by The New Jersey Taxpayers Alliance (NJTA).