NJ Non-profit Hospitals Get Tax Break

NJ Non-profit Hospitals Get Tax Break

A 2021 law drafted as a compromise between tax-exempt non-profit hospitals and the NJ municipalities in which they’re located is being challenged by a lawsuit. State legislators tried to address the dispute, where billion-dollar hospitals paid little to nothing in property taxes, with the law. A 2015 court ruling found that Morristown Medical Center was liable for taxes as a result of operating in large part as a for-profit organization.