Bill

Bill > ACR41


NJ ACR41

NJ ACR41
Proposes constitutional amendment to increase to $500 veterans' property tax deduction.


summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

If approved by the voters of the State, this proposed constitutional amendment would increase the veterans' property tax deduction over a period of five tax years from the current $250 to: $300 in 2013, $350 in 2014, $400 in 2015, $450 in 2016, and $500 in 2017 and in each year thereafter. The amount of the veterans' property tax deduction was last increased in 1999, when the amount of the annual deduction was raised from $50 to $250 over four years.

Committee Categories

Military Affairs and Security

Sponsors (10)

Last Action

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/11/2022)

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