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Bill > S2149


NJ S2149

NJ S2149
Lowers age of eligibility for surviving spouse under homestead property tax reimbursement program.


summary

Introduced
03/07/2022
In Committee
10/27/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill lowers the minimum age for a surviving spouse of an eligible claimant to maintain their eligibility to receive a homestead property tax reimbursement upon the death of the eligible claimant. The current minimum age is 65. The bill changes the minimum age to 62. The bill is retroactive to January 1, 2020. Informally known as the "senior freeze," the homestead property tax reimbursement provides eligible senior citizens and disabled persons with a benefit to compensate for increases in property taxes.

AI Summary

This bill lowers the minimum age for a surviving spouse of an eligible claimant to receive a homestead property tax reimbursement upon the death of the eligible claimant, from 65 years old to 62 years old. The "senior freeze" homestead property tax reimbursement program provides eligible senior citizens and disabled persons with a benefit to compensate for increases in property taxes. The bill is retroactive to January 1, 2020.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (1)

Last Action

Referred to Senate Budget and Appropriations Committee (on 10/27/2022)

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