TEANECK, N.J. -- The Teaneck Township Council authorized a measure to file suit against Holy Name Medical Center and its exemption from local property taxes, according to NorthJersey.com.
The measure comes after a recent state tax court decision that now has 17 non-profit hospitals in the state facing legal action, NorthJersey.com reported.
Under the current tax code, Holy Name would be on the hook for roughly $2 million in property taxes for its 20-acre plot, NorthJersey.com said.
Click here to read the NorthJersey.com article.
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