A downpour on Grafton Street, Dublin last week
New Jersey Gov. Phil Murphy this week signed 19 bills into law, including the so-called “rain tax.”
The bill, permits counties, municipalities and certain authorities to establish stormwater utilities and impose related fees and other charges to property tax.
Supporters of the bill, S-1073, call it “flood defense,” and say it will serve as a long-needed tool to manage flooding and dirty runoff from rainwater….
…Assemblyman Christopher DePhillips has said the “rain-tax” bill permits local communities to tax “based on the weather,” and allows New Jersey to carry the financial burden when it rains…
Gulp.
NJ Gov. Signs ‘Rain Tax,’ 18 Other Bills Into Law (Patch.com)
NJ Governor Signs “Rain Tax” Bill; Residents’ Property Rates Rise “Based On The Weather (ZeroHedge)