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Bill > ACR163


NJ ACR163

NJ ACR163
Proposes constitutional amendment authorizing municipalities, by ordinance, to provide partial property tax exemption on primary residence of certain volunteer first responders.


summary

Introduced
11/14/2022
In Committee
11/14/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

If approved by the voters of the State, this proposed constitutional amendment would authorize a municipality, by ordinance, to provide a partial property tax exemption on the primary residence of volunteer first responders serving in the municipality. The exemption would mean the volunteer first responder would not pay property taxes on part of the home's assessed value. An eligible first responder would be an active member of a volunteer fire department or a volunteer first aid or ambulance squad who owns a home in the municipality in which the volunteer serves, and the home must be the volunteer's primary residence. The municipality would decide the percentage amount of the exemption, which cannot exceed 10 percent of the assessed value. The State would not be required to reimburse municipalities for the cost of the exemption.

Committee Categories

Government Affairs

Sponsors (19)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 11/14/2022)

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