Bill > A1649

This bill increases the income eligibility limit for the homestead property tax reimbursement program in New Jersey. Specifically, it raises the income limit from $70,000 or less for married/single taxpayers in tax years 2008 through 2015, to $80,000 or less for tax year 2016, and $160,000 or less for tax year 2017 and subsequent years. The bill also makes some other minor changes to the definitions related to the program, such as clarifying the base year and residency requirements for eligible claimants.

Budget and Finance, Government Affairs

https://www.njleg.state.nj.us/bill-search/2022/A1649