January 19, 2016; NJBiz

Following the New Jersey tax court decision that found the modern nonprofit hospital to be a legal fiction, the subsequent finding that the Morristown Medical Center run by Atlantic Health was in large part subject to property tax, and the $25 million settlement reached between the town and the medical center, other nonprofit hospitals in New Jersey got busy backing a bill (S3299) that would standardize (and limit) hospitals’ payments to the localities in which they are based. That bill, which easily passed through the N.J. senate and house, ended at the office of Governor Chris Christie, who gave it a pocket veto along with 64 other pieces of legislation. This veto provides a window for suits to be filed by municipalities, many of which opposed the bill, figuring they could net more through