We did it! Governor Murphy signs bill A-4814 exempting private rentals from the tax!!!
We still have work to do!
The next steps, now that Governor Murphy has signed the bill, is for Treasury to publish the “Guidance” on the new law.
Much like when the original tax law was passed last Summer, Treasury’s interpretation of the law and how they plan to enforce it can impact how we all do business in New Jersey. That is why the Coalition, through our Public Affairs Counsel, intends to support the process by sharing with Treasury our concerns, opinions and suggestions regarding legislative intent and regulated community compliance.
Please continue to follow along and we will provide updates as they become available.
While the law has been fixed, our work here isn’t done.
In addition to some remaining expenses this summer, additional funding is needed to support our continued efforts in Trenton. We need our lobbyist to work with Treasury in the coming weeks as they prepare their interpretation and guidance regarding the new law. We want to make sure this is done right! Please donate today.
*** CRITICAL NOTICE *** Our Bill A4814 / A4520 is ON the Assembly Agenda THIS Thursday, June 27th for "concurrence" of the Senate Bill. This is the final step before the Governor's desk. We need YOUR help NOW! We need ALL NJ residents to call or email your local...
Bill S-3158 is ON THE AGENDA for a full Senate vote today! This is HUGE. If the results of the Assembly vote last month are any indication, we may be on the Governor's desk by tomorrow! Fingers crossed, say your prayers, rub your lucky rabbit's foot.... We will likely...
ASSEMBLY DEMOCRATIC BILL TO PROTECT SHORE HOMEOWNERS FROMSHORTTERM RENTAL TAX PASSES ASSEMBLY (TRENTON) – A measure approved by the full Assembly on Thursday aims to ensure private homeowners – particularly at the Jersey Shore - will not be subject to a 2018 law that...