New Jersey S 1561: Requires DOC to notify inmates of outstanding motor vehicle fines or penalties and permits inmate to enter into payment plan upon release from incarceration.

Bill Text

S1561 

SENATE, No. 1561 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Senator CARMEN F. AMATO, JR.

District 9 (Ocean)

SYNOPSIS

���� Subjects spent nuclear fuel located in a 
decommissioned nuclear power plant to taxation as business personal property.

CURRENT VERSION OF TEXT 

���� Introduced Pending Technical Review by Legislative 
Counsel.

�� 

An Act concerning business personal property and amending 
R.S.54:4-1.

���� Be It 
Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.� R.S.54:4-1 is amended to 
read as follows:

���� 54:4-1. All property real and 
personal within the jurisdiction of this State not expressly exempted from 
taxation or expressly excluded from the operation of this chapter shall be 
subject to taxation annually under this chapter.� Such property shall be valued 
and assessed at the taxable value prescribed by law.� Land in agricultural or 
horticultural use which is being taxed under the "Farmland Assessment Act 
of 1964," P.L.1964, c.48 (C.54:4-23.1 et seq.), shall be valued and 
assessed as provided by that act.� An executory contract for the sale of land, 
under which the vendee is entitled to or does take possession thereof, shall be 
deemed, for the purpose of this act, a mortgage of said land for the unpaid 
balance of purchase price. 

���� Personal property taxable 
under this chapter shall include, however, only the machinery, apparatus or 
equipment of a petroleum refinery that is directly used to manufacture 
petroleum products from crude oil in any of the series of petroleum refining 
processes commencing with the introduction of crude oil and ending with refined 
petroleum products, but shall exclude items of machinery, apparatus or 
equipment which are located on the grounds of a petroleum refinery but which 
are not directly used to refine crude oil into petroleum products, [and] the tangible 
goods and chattels, exclusive of inventories, used in business of local 
exchange telephone, telegraph and messenger systems, companies, corporations or 
associations that were subject to tax as of April 1, 1997 under P.L.1940, c.4 
(C.54:30A-16 et seq.) as amended, and spent nuclear fuel located in a 
decommissioned nuclear power plant, and shall not include any intangible 
personal property whatsoever whether or not such personalty is evidenced by a 
tangible or intangible chose in action except as otherwise provided by 
R.S.54:4-20.� As used in this section, "local exchange telephone 
company" means a telecommunications carrier providing dial tone and access 
to 51% of a local telephone exchange.� Property omitted from any assessment may 
be assessed by the county board of taxation, or otherwise, within such time and 
in such manner as shall be provided by law.� Real property taxable under this 
chapter means all land and improvements thereon and includes personal property 
affixed to the real property or an appurtenance thereto, unless:

���� a.� (1)� The personal property 
so affixed can be removed or severed without material injury to the real 
property;

���� (2)� The personal property so 
affixed can be removed or severed without material injury to the personal 
property itself; and

���� (3)� The personal property so 
affixed is not ordinarily intended to be affixed permanently to real property; 
or

���� b.��� The personal property so 
affixed is machinery, apparatus, or equipment used or held for use in business 
and is neither a structure nor machinery, apparatus or equipment the primary 
purpose of which is to enable a structure to support, shelter, contain, enclose 
or house persons or property.� For purposes of this subsection, real property 
shall include pipe racks, and piping and electrical wiring up to the point of 
connections with the machinery, apparatus, or equipment of a production process 
as defined in this section.

���� c.��� (Deleted by amendment, 
P.L.2004, c.42).

���� Real property, as defined 
herein, shall not be construed to affect any transaction or security interest 
provided for under the provisions of chapter 9 of Title 12A of the New Jersey 
Statutes (N.J.S.12A:9-101 et seq.).� The provisions of this section shall not 
be construed to repeal or in any way alter any exemption from, or any exception 
to, real property taxation or any definition of personal property otherwise 
provided by statutory law.

���� The Director of the Division 
of Taxation in the Department of the Treasury may adopt rules and regulations 
pursuant to the provisions of the "Administrative Procedure Act," 
P.L.1968, c.410 (C.52:14B-1 et seq.) as may be deemed necessary to implement 
and administer the provisions of this act.

(cf: P.L.2004, c.42, s.13)

���� 2.� This act shall take effect 
immediately.

STATEMENT

���� This bill would amend 
R.S.54:4-1 to make spent nuclear fuel that is located in a decommissioned 
nuclear power plant business personal property that is