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Bill would clarify nonprofit hospitals' property tax situation

from NJ Biz

Not-for-profit hospitals that have not paid property taxes since 1913 could find themselves on the hook for taxes to municipalities if a measure introduced becomes law. Senate President Steve Sweeney (D-West Deptford) and Sens. Robert Singer (D-Lakewood) and Joe Vitale (D-Woodbridge) introduced a bill that would call for property taxes on for-profit facilities within the nonprofit acute care hospitals, and dedicate the collected funds to public safety departments. more


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