NJ Stormwater Tax | Cg Tax, Audit & Advisory

This past Monday, New Jersey Governor Phil Murphy signed into law the Clean Stormwater and Flood Reduction Act allowing municipalities, counties and certain authorities in New Jersey to establish stormwater utilities. The goal is to help local authorities prevent future flooding and manage sources of runoff pollution. Click here to read the full article from NJ.com.

Contact the CG Team with questions via the form to the right or call 732.676.4100.

Sources:
[Second Reprint] SENATE COMMITTEE SUBSTITUTE FOR SENATE, No. 1073. May 2018. STATE OF NEW JERSEY 218th LEGISLATURE. https://www.njleg.state.nj.us/2018/Bills/S1500/1073_R2.PDF.

Warren, Michael Sol. “The Controversial ‘rain Tax’ Bill Designed for N.J. Flood Defense Has Been Signed into Law.” NJ.com. March 18, 2019. Accessed March 21, 2019. https://www.nj.com/news/2019/03/the-controversial-rain-tax-bill-designed-for-nj-flood-defense-has-been-signed-into-law.html.

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Sources: [Second Reprint] SENATE COMMITTEE SUBSTITUTE FOR SENATE, No. 1073. May 2018. STATE OF NEW JERSEY 218th LEGISLATURE. https://www.njleg.state.nj.us/2018/Bills/S1500/1073_R2.PDF.

Warren, Michael Sol. “The Controversial ‘rain Tax’ Bill Designed for N.J. Flood Defense Has Been Signed into Law.” NJ.com. March 18, 2019. Accessed March 21, 2019. https://www.nj.com/news/2019/03/the-controversial-rain-tax-bill-designed-for-nj-flood-defense-has-been-signed-into-law.html.

Sources:
[Second Reprint] SENATE COMMITTEE SUBSTITUTE FOR SENATE, No. 1073. May 2018. STATE OF NEW JERSEY 218th LEGISLATURE. https://www.njleg.state.nj.us/2018/Bills/S1500/1073_R2.PDF.