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Ordinance #2026-08 Revised Short Term Rental Tax Introduction (pdf)

BID #: 2026-08
ISSUED: 5/4/2026
DUE: 5/18/2026
VALUE: TBD
100
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Executive Summary

The Borough of Spring Lake Heights has introduced and passed on first reading Ordinance 2026-08, which revises the Short-Term Rental Tax Ordinance. This updated ordinance aims to align with the model ordinance promulgated by the New Jersey Department of the Treasury, Division of Taxation, to ensure efficient tax collection. The ordinance imposes a uniform occupancy tax rate of 3% on charges for every occupancy of a transient accommodation obtained through a marketplace. It details the purpose, statutory authority, tax establishment, exemptions, regulations for vendors, and the collection process, making vendors personally liable for collected taxes. The ordinance was scheduled for a public hearing on May 18, 2026, and becomes effective immediately upon adoption, with tax collection commencing upon administrative feasibility by the Division.

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Timeline

First Discovered

May 7, 2026

Last Info Update

May 7, 2026

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