Long Term Tax Abatement Law Archives

Categories : Land UseTags : Long Term Tax Abatement Law PILOT programsLeave a comment

Proposed Legislation Requires Prevailing Wage for PILOT Projects

On June 7, 2016June 29, 2022 By Sheri Siegelbaum

New Jersey lawmakers are currently considering legislation that would require developers to pay the prevailing wage for public work on properties receiving tax abatements or exemptions. The Assembly Labor Committee recently advanced Assembly Bill No. 3435, which will now go before the full Assembly. As we have previously discussed on

New Tax Abatement Law Takes Effect in New Jersey

Categories : Land UseTags : Long Term Tax Abatement Law Tax abatementLeave a comment

New Long Term Tax Abatement Law Takes Effect in New Jersey

On February 23, 2016June 29, 2022 By dpepe

Gov. Chris Christie recently signed legislation into law that imposes new requirements on municipalities that provide long term tax abatements. Most notably, cities and towns will be required to file the financial agreements required in relation to long term tax exemptions with their county finance officer and counsel, as well

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