This bill modifies the procedure for fire districts in New Jersey to request an exemption from the property tax levy cap. It introduces a new provision allowing boards of fire commissioners to seek approval from the Local Finance Board to increase the amount raised by taxation beyond the allowable adjusted tax levy. The Local Finance Board is required to consider any changes in appropriations or revenues, or other relevant circumstances when making its decision. If the board denies the request, that decision will be final and cannot be appealed or reviewed, nor can a waiver application be submitted.

Additionally, the bill maintains the existing requirement for local units that are not fire districts to submit a public question to voters for tax levy increases, with specific guidelines on how and when these referendums should be conducted. The bill also clarifies that any decision made by voters to reject a tax levy increase is final and conclusive. Overall, this legislation aims to streamline the process for fire districts seeking to exceed the tax levy cap while ensuring accountability and transparency in the decision-making process.

Statutes affected:
Introduced: 40A:4-45.46