NJ S4475

Imposes a $3 per day surcharge on hotel room occupancies in first-class cities with an international airport (applies to Newark), in addition to existing taxes and fees

Surcharge revenues collected by the Division of Taxation are distributed monthly to the municipality and must be deposited into a dedicated fire services trust fund

Trust fund money can only be used for firefighting services including hiring, retention, and training of firefighters, equipment acquisition, and capital improvements

Limits spending on fire service employee hiring and retention to no more than 37% of surcharge revenues from January 1, 2026 through December 31, 2028, with the Director of Local Government Services setting limits thereafter

Municipalities may only budget fire services trust fund revenue when total firefighting appropriations exceed the previous fiscal year's amount