This bill modifies the procedure for fire districts in New Jersey to request an exemption from the property tax levy cap. It amends Section 11 of P.L.2007, c.62, allowing fire district boards of 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.

Additionally, the bill specifies that local units, which are not fire districts, must still submit a public question to voters for any proposed tax levy increase above the cap, with certain procedural requirements for budget introduction and publication. The bill also clarifies that any voter decision rejecting a tax levy increase is final. Overall, this legislation aims to streamline the process for fire districts seeking tax levy increases while maintaining voter involvement for other local units.

Statutes affected:
Introduced: 40A:4-45.46