Assemblyman Introduces Bill to Push Programs Like Shop Marlboro

A Monmouth County Assemblyman is looking to push the idea of property tax incentives into the minds of all municipalities, an idea Marlboro Township was the first in the country to embrace.

Ronald Dancer (R-12) introduced the bill, which gives permission to implement property tax reward programs that incentivize shopping local. The bill also gives a cash rebate for renters.

Marlboro Township introduced the program in 2012, and the township reported residents have saved $20,000 in the last year on tax bills. 

“It has the potential to measurably reduce a homeowners’ property tax bill while bringing increased business to local shops without cost to the property taxpayer or the municipality. It’s a win-win for everyone and will, I believe, serve as a model for towns throughout the U.S.," Dancer said in a news release.

Manalapan Township launched the program in 2012, fashioning their after Marlboro Township's model.

Dancer said his legislation ensures there is no government interference, which keeps costs down; ensures businesses are not subject to additional regulations, and authorizes the state to print the property tax credit information on a homeowner’s property tax bill. 

“It’s time for government to think out of the box. We need to find innovative and responsible ways to reduce the property tax burden on our residents. This legislation will go a long way in achieving that,” Dancer said.