N.J. Admin. Code § 5:33-1.9

Current through Register Vol. 56, No. 21, November 4, 2024

Section 5:33-1.9 - Applying charitable fund donation credits to a taxpayer's property tax obligation

(a) A local unit fund administrator shall report to the tax collector the amount of credits resulting from a donor's charitable fund donation to be applied to the donor's next upcoming annual property tax bill or, if the municipality so permits, an annual property tax bill already issued by the municipality. Once a local unit has reported a creditable charitable fund contribution to the tax collector, the tax collector shall apply the credit to the taxpayer-donor's annual property tax obligation upon confirming that the donor is not delinquent to the municipality for property taxes and/or municipal charges.

1. If a tax collector applies the credit to an annual property tax bill that has yet to be issued, the amount of the credit shall appear on said bill.

2. If a tax collector applies the credit to an annual property tax bill that has already been issued, the credit shall appear on a statement to be made available to the donor online and/or on paper.

(b) The statement issued to a donor by a tax collector must contain, at minimum, the following information:

1. Name and mailing address of the donor;

2. The total amount of the contribution;

3. The date on which the contribution was made and, if applicable, the date on which the contribution cleared;

4. The total creditable portion of the contribution against either the annual tax bill, or the quarterly installment thereof, and, if the donor sought a credit against multiple parcels within the municipality, the amounts credited against each parcel; and

5. The block, lot, qualifier, and property address of each parcel located within the local unit for which a credit has been applied against the annual property tax obligation.

(c) Any donation deposited into a spillover fund for credit against a donor's future annual property tax obligation or obligations shall be reported in its entirety to the tax collector, and the municipal finance officer if the local unit is a county or school district, concurrently with the reporting of the charitable fund donation to be credited against the current tax bill or in advance of the next upcoming property tax bill.

(d) A tax collector shall report to the fund administrator and, in the case of a county or school district charitable fund, the municipal finance officer, the amount of the credit applied to the donor's property tax obligation. If the amount of the credit applied differs from the amount reported as creditable by the charitable fund, the tax collector shall provide the reason therefor. The tax collector's monthly report to the chief financial officer shall include all charitable fund contributions made.

(e) Credits applied to a donor's annual property tax obligation, or spillover fund donations reported to and recorded by the tax collector as "pre-paid" shall not be rescinded.

(f) Tax bill vendors shall establish a designated identifier code for each local government charitable fund.

N.J. Admin. Code § 5:33-1.9

Reserved by 49 N.J.R. 199(b), effective 1/17/2017

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

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