Governor Corzine Signs Bill Limiting Tax Court Filings and Reducing Notice Requirements

On January 16, 2010, Governor Corzine signed tax appeal legislation adopted by the Legislature into law as L. 2009, c. 251, which amended N.J.S.A. 54:3-21 and 54:4-23 effective immediately.  The new law, discussed last month in the New Jersey Property Tax Law Blog, would modifies the powers granted to tax assessors, while also raising the jurisdictional limit to $1,000,000 for filing a direct appeal to the Tax Court.

A copy of the Assembly Bill can be found on the New Jersey Legislature website.