Requires Director of Division of Taxation to include sales of properties in age-restricted developments by third parties in table of equalized valuations.
Provides for vacancy in county surrogate, clerk, register of deeds and mortgages, and sheriff offices occurring 70 days before general election to be filled at second succeeding general election.
Increases gross income tax relief based on rent constituting property taxes for residential tenants and establishes refundable gross income tax credit in place of gross income tax deduction for residential tenants.