A3382/S1971 (Freiman, Mazzeo, Downey/Sarlo) – Permits taxpayers to make dedicated prepayment toward anticipated property taxes.

“I thank the Legislature for reviewing my suggestions for this legislation,” said Governor Murphy. “The revisions to this legislation further clarify the procedures property taxpayers can follow to make pre-payments. This bill will offer protection to New Jersey homeowners, including those who sought to pay their property taxes before the new federal tax law, which limits the SALT deduction.”