Permits municipalities to issue two separate property tax bills to property taxpayers; requires fire districts, school districts, and county governments to share in burden of property assessment appeal refunds.

This bill allows New Jersey municipalities to issue two separate property tax bills to taxpayers - one showing taxes for municipal purposes and another showing taxes for county, school, fire district, and other special district purposes. It requires county governments, school districts, and fire districts to share the cost of property assessment appeal refunds that municipalities must pay out, rather than having municipalities bear the full burden alone. The municipal tax collector would calculate each district's pro rata share of refunds and deduct that amount from future payments to those districts. This change aims to increase transparency for taxpayers about how property tax dollars are distributed and to spread the financial burden of refunds more equitably across all taxing jurisdictions.