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Bill > S910


NJ S910

NJ S910
Increases annual income limit for eligibility to receive homestead property tax reimbursement.


summary

Introduced
01/31/2022
In Committee
01/31/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill would increase the annual income limit for eligibility to receive a homestead property tax reimbursement. Under current law, the income limit is $80,000 or less for single persons or married couples. This bill would increase that income limit to $100,000 or less in 2017 and each year thereafter, to allow more senior citizens and disabled persons to qualify for this property tax relief program.

AI Summary

This bill would increase the annual income limit for eligibility to receive a homestead property tax reimbursement. Under the current law, the income limit is $80,000 or less for single persons or married couples. This bill would raise that income limit to $100,000 or less in 2017 and each year thereafter, allowing more senior citizens and disabled persons to qualify for this property tax relief program.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/31/2022)

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