“This bill allows our state to take a deep breath and work carefully and collaboratively to address the uncertainty created by the tax court decision on nonprofit hospitals’ tax exemptions. We thank Gov. Christie and legislators for crafting this reasonable approach to ‘stand down’ on litigation while the various stakeholders give thoughtful study to the matter. We also look forward to working with both the Senate and the Assembly to move this bill through the legislative process and provide the certainty that hospitals, and municipalities, seek.”