Bill
Bill > A1481
NJ A1481
NJ A1481Excludes veteran disability compensation from income qualification limits under homestead property tax reimbursement program.
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill would allow more disabled veterans to qualify for the homestead property tax reimbursement program. The homestead property tax reimbursement program reimburses eligible senior citizens and disabled persons for property tax increases. The amount of the reimbursement is the difference between the amount of property taxes that were due and paid for the "base year" (the first year that an individual meets all the eligibility requirements) and the amount due and paid for the year that the individual is applying for the reimbursement, provided the amount paid for the current year is greater. The bill would exclude disability compensation paid by the United States Department of Veterans Affairs to a veteran from the calculation of that person's income for the purpose of determining whether the person is eligible to participate in the homestead property tax reimbursement program.
AI Summary
This bill would allow more disabled veterans to qualify for the homestead property tax reimbursement program. The bill would exclude disability compensation paid by the United States Department of Veterans Affairs to a veteran from the calculation of that person's income for the purpose of determining their eligibility to participate in the homestead property tax reimbursement program. This program reimburses eligible senior citizens and disabled persons for property tax increases, with the amount of reimbursement being the difference between the amount of property taxes due and paid in the "base year" (the first year the person meets all eligibility requirements) and the amount due and paid in the current year, provided the current year's amount is greater.
Committee Categories
Military Affairs and Security
Sponsors (7)
Daniel Benson (D)*,
Carol Murphy (D)*,
Herbert Conaway (D),
Aura Dunn (R),
Raj Mukherji (D),
Verlina Reynolds-Jackson (D),
Anthony Verrelli (D),
Last Action
Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/11/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A1481 |
| BillText | https://pub.njleg.gov/Bills/2022/A1500/1481_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/A1500/1481_I1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A1500/1481_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A1500/1481_I1.PDF |
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