N.J. Admin. Code § 5:30-18.14

Current through Register Vol. 56, No. 19, October 7, 2024

Section 5:30-18.14 - The reporting of creditable donations to the tax collector and municipal finance officer; fund administrator having online access to municipal tax records

(a) If a local unit charitable fund takes charitable fund donations directly instead of delegating the task to the tax collector, the donation shall be reported to the tax collector within five business days unless the municipality assents to a differing period and arrangement (for example, periodic batch upload). In any case in which the medium used to make the donation requires a certain period to clear, the donation shall not be reported to the tax collector (or posted to the charitable fund if being handled directly by the tax collector) until the transaction clears.

(b) The information provided pursuant to N.J.A.C. 5:30-18.12, along with a copy of the tax bill or bills for the parcels to be credited, shall be provided to the tax collector when a donation is reported by the charitable fund.

(c) A county or school district operating a charitable fund shall have access to the property tax records of donors to such an extent as to ascertain whether said donors are delinquent in their property taxes and/or municipal charges.

(d) Once county and school district charitable contributions are credited toward the donor's annual property tax bill by the tax collector, the municipal finance officer shall enter the creditable portion of the donation as a debit against the county or school district tax levy, and as a credit against property taxes receivable. The county or school district shall reduce the amount of tax dollars sought from the municipality in proportion to the property tax credits applied in the municipality.

N.J. Admin. Code § 5:30-18.14

Adopted by 50 N.J.R. 2247(a), effective 9/21/2018

Amended by 51 N.J.R. 828(a), effective 4/30/2019