The state government reimburses seniors and low-income homeowners on their property taxes under a program known as the Homestead Benefit. However, the tax credit is tied to the property and not the homeowner.
Five Americans were exchanged for seven Iranians convicted in U.S. courts of economic crimes or awaiting trial. Some politicians, like Sen. Bob Menendez, say the prisoner swap could set a bad precedent.
After a tax court ruling last year determined hospitals with mainly for-profit operations were subject to pay property taxes, lawmakers worry without a specific law on the books, hospitals facing large property tax bills will have to shut down.
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