Modifies procedure for fire districts to request exemption from property tax levy cap.

S 4345 would change how New Jersey fire districts request an exemption from the 2% property tax levy cap (which limits annual tax increases on property). Currently, fire districts must hold a public vote to seek such an exemption, but this bill would allow them to instead apply directly to the Local Finance Board for approval. The Board would review requests, considering factors like cost changes or revenue shifts, and its decision would be final without appeal. This applies only to fire districts, streamlining a process currently required for all local units like municipalities.