Bill
Bill > A3775
NJ A3775
NJ A3775Increases annual income limitation to receive senior and disabled citizens' property tax deduction to $15,000.
summary
Introduced
05/02/2022
05/02/2022
In Committee
05/02/2022
05/02/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill would amend current law to increase the annual income threshold for eligibility to receive the senior and disabled persons $250 property tax deduction from $10,000 to $15,000 once that increase is authorized by constitutional amendment.
AI Summary
This bill would amend current law to increase the annual income threshold for eligibility to receive the senior and disabled persons $250 property tax deduction from $10,000 to $15,000, once that increase is authorized by a constitutional amendment. The bill specifies that the income limitation will be $15,000 for the year 2023 and each year thereafter, up from the previous limit of $10,000 that was in place since 1983. The bill will take effect immediately but remain inoperative until the approval of a constitutional amendment authorizing the increase in the income limitation.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
Introduced, Referred to Assembly State and Local Government Committee (on 05/02/2022)
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/A3775 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A4000/3775_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A4000/3775_I1.PDF |
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