Close the NJ property tax exempt loophole

The Issue

This is a proposal for a new law:

The State of New Jersey Property Tax Relief Act:

Every tax - exempt organization as to Property Tax, will no longer be totally tax exempt. Under this new law any organization, House of worship such as a church, synagogue, Mosques, etc., will receive a percentage off their Property Tax on up to four parcels of real estate within 13 square miles or 40,000 in population in a Town, Borough, City, etc., such as Schools, Homes, Apartments, Commercial Buildings or another House of Worship. Example: The First parcel of Real Estate will receive 50% discount off their Property Tax. The Second Parcel would receive 25% off. The Third Parcel would receive 18.5% and the Four Parcel of Real Estate would receive 12.5% Discount off their Real Estate Taxes. Any additional parcel of Real Estate would Not be Entitled to a Discount. This is in 13 square miles area or 40,000 in population. This New Law will help all property taxpayer and not strip more money from them. Example: a Church, Synagogue, Mosques, etc. that has a House of Worship and does Not Pay Property Tax, then they purchase a building/housing, school, another House of Worship, etc. and Don’t Pay Property Tax. What they DON’T Pay in Taxes is still needed to run the day to day business and putts a burden squarely on the Taxpayer. The Town, Borough, City, Etc. needs those Tax dollars therefor Taxes will go up. It is our opinion that a religious organization should give back to the community as opposed to taking from and placing a burden upon use.

This is our Tax Relief proposal.

Thank you for your immediate attention.

Best Regards,

The Voters  

99

The Issue

This is a proposal for a new law:

The State of New Jersey Property Tax Relief Act:

Every tax - exempt organization as to Property Tax, will no longer be totally tax exempt. Under this new law any organization, House of worship such as a church, synagogue, Mosques, etc., will receive a percentage off their Property Tax on up to four parcels of real estate within 13 square miles or 40,000 in population in a Town, Borough, City, etc., such as Schools, Homes, Apartments, Commercial Buildings or another House of Worship. Example: The First parcel of Real Estate will receive 50% discount off their Property Tax. The Second Parcel would receive 25% off. The Third Parcel would receive 18.5% and the Four Parcel of Real Estate would receive 12.5% Discount off their Real Estate Taxes. Any additional parcel of Real Estate would Not be Entitled to a Discount. This is in 13 square miles area or 40,000 in population. This New Law will help all property taxpayer and not strip more money from them. Example: a Church, Synagogue, Mosques, etc. that has a House of Worship and does Not Pay Property Tax, then they purchase a building/housing, school, another House of Worship, etc. and Don’t Pay Property Tax. What they DON’T Pay in Taxes is still needed to run the day to day business and putts a burden squarely on the Taxpayer. The Town, Borough, City, Etc. needs those Tax dollars therefor Taxes will go up. It is our opinion that a religious organization should give back to the community as opposed to taking from and placing a burden upon use.

This is our Tax Relief proposal.

Thank you for your immediate attention.

Best Regards,

The Voters  

The Decision Makers

Cory Booker
U.S. Senate - New Jersey

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Petition created on August 21, 2018