Ideas

Troy Singleton
Senator | Mount Laurel, NJ

Tax Abatement Accountability

IDEA CATAGORY: Jobs and Entrepreneurship, Smart Government

Problem

It is often challenging for local government to balance the need to repurpose blighted or abandoned lots into taxable property, while ensuring an open and transparent process for their approval and scrutiny. 

Solution

Assemblymember Troy Singleton has advocated for a transparent process for tax abatements that ensures that those finite resources are used judiciously and in the best interests of taxpayers. Singleton proposed legislation requiring municipalities to file copies of tax abatement and exemption agreements with the county chief financial officer and county counsel within 30 days of execution. This will provide a heightened level of public scrutiny over the awarding of these financial incentives. Singleton also proposed legislation requiring municipalities to share certain payments received in lieu of taxes with counties and school districts; informing counties and school district of applications for tax exemptions.

More Idea’s from Troy Singleton

Recruiting More Male Teachers of Color

IDEA CATAGORY: Education, Equity & Opportunity | FUNDING SOURCE: ARP

Restoring Confidence in Elections

IDEA CATAGORY: Strengthening Democracy | FUNDING SOURCE: ARP

Election Transparency and Integrity

IDEA CATAGORY: Strengthening Democracy | FUNDING SOURCE: ARP

Civics Education – Middle School through College

IDEA CATAGORY: Education, Strengthening Democracy | FUNDING SOURCE: ARP

Citizen Co-Sponsor

IDEA CATAGORY: Smart Government | FUNDING SOURCE: ARP

Accelerated Career Certification for the Unemployed/Underemployed

IDEA CATAGORY: Jobs and Entrepreneurship | FUNDING SOURCE: ARP

Battlefields to Boardrooms

IDEA CATAGORY: Jobs and Entrepreneurship, Smart Government | FUNDING SOURCE: ARP

Supporting Workers in the Gig Economy

IDEA CATAGORY: Safety Net | FUNDING SOURCE: ARP