N.J. Admin. Code § 18:17A-7.1

Current through Register Vol. 56, No. 24, December 18, 2024

Section 18:17A-7.1 - Transfer of property assessment function

(a) Once the county tax assessor promulgates the phase-in schedule, the county administrator for the pilot county, in consultation with the county governing body and the county assessor, shall effectuate the transfer of the property assessment function in all of the municipalities within the pilot county to the county assessor.

(b) All current or pending assessment and abatement programs and agreements under the Long Term Tax Exemption Law, P.L. 1991, c. 431 (N.J.S.A. 40A:20-1 et seq.), and the Five-Year Exemption and Abatement Law, P.L. 1991, c. 441 (N.J.S.A. 40A:21-1 et seq.), shall continue to be approved by the municipality. Any approved ordinances should be forwarded to the county assessor within 30 days.

(c) If a county assessor seeks to settle a property tax appeal, filed pursuant to N.J.S.A. 54:3-21, the county assessor shall inform the municipality in which the property that is the subject of the appeal is located prior to entering into any final settlement agreement, pursuant to N.J.A.C. 18:17A-8.1.

N.J. Admin. Code § 18:17A-7.1