[HISTORY: Adopted by the Board of Commissioners of the Borough of Longport as indicated in article histories. Amendments noted where applicable.]
Article I Tangible Household Personal Property Exemption
Article II Interest on Delinquent Taxes
All tangible household personal property and personal effects located within the Borough of Longport shall not be assessed and taxed.
This article shall apply to taxes on tangible household personal property and personal effects due and payable in the year 1962 and thereafter so long as this article shall be in effect, and shall not affect the obligation, lien or duty to pay any taxes, interest or penalties which have accrued or may accrue by virtue of any assessment made or which may be made with respect to taxes levied for any year prior to the year 1962, nor shall this article affect the legal authority to assess and collect taxes which may be or have been due and payable prior to January 1, 1962, together with such interest and penalties as would have accrued thereon under any provisions of law amended or repealed hereby; nor shall this article invalidate any assessments or affect any proceedings for the enforcement thereof pending upon the effective date of this article or upon January 1, 1962, or during the period between said dates.
A certified copy of this article shall be filed with the Division of Taxation in the Department of the Treasury of the State of New Jersey and with the County Board of Taxation of Atlantic County.
Editor's Note: This measure is readopted annually by the Board of Commissioners. The date and text of the most recent legislation is on file in the office of the Borough Clerk.
Beginning April 1, 1987, and thereafter until changed by resolution of this Board, the rate of interest to be paid for the nonpayment of taxes on or before the date they become due is hereby fixed at the rate of 8% per annum on the first $1,500 of delinquency and 18% per annum on any amount in excess of $1,500, to be collected with the taxes as they become delinquent. The Tax Collector of the Borough of Longport is hereby authorized and directed to waive the payment of said interest for a period of 10 days after the date when said taxes would become delinquent.