In a flurry of last minute activity, the Senate failed to give final passage to bill that extends the municipal conveyance tax, which had passed the House 121 to 27 earlier Wednesday evening.
Given a free pass this year by the Realtors lobby that generally opposes the tax, the Senate failed to put it on the consent calendar which passed right before midnight.
Municipalities rely on the tax, which according to the fiscal note brings in about $20 to $25 million a year for struggling municipalities.
Derek Slap, spokesman for Sen. President Donald Williams, said it was not intentional and it’s possible they will be able to extend the municipal conveyance tax when they return for a veto session.
The tax is set to expire June 30 and without it every city and town in the state could run a deficit.
