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Bill > S3319
NJ S3319
NJ S3319Amends Fiscal Year 2024 annual appropriations act to extend ANCHOR Property Tax Relief Program eligibility to homestead owners and tenants who made payments in lieu of taxes.
summary
Introduced
11/07/2022
11/07/2022
In Committee
12/21/2023
12/21/2023
Crossed Over
01/08/2024
01/08/2024
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Amends Fiscal Year 2024 annual appropriations act to extend ANCHOR Property Tax Relief Program eligibility to homestead owners and tenants who made payments in lieu of taxes.
AI Summary
This bill amends the Fiscal Year 2024 annual appropriations act to extend the ANCHOR Property Tax Relief Program eligibility to homestead owners and tenants who made payments in lieu of taxes. Specifically, the bill allows homestead owners and tenants who made payments in lieu of taxes to their municipality to be eligible for the ANCHOR property tax relief benefits, which include a rebate based on the 2019 property tax amounts. The bill sets income thresholds for eligibility and requires eligible homestead owners and residents to submit an application to the Division of Taxation by March 1, 2024 to receive the 2020 property tax benefit.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Passed by the Senate (34-0) (on 01/08/2024)
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/S3319 |
| BillText | https://pub.njleg.gov/Bills/2022/S3500/3319_R1.HTM |
| Analysis - Statement SBA 12/21/23 | https://pub.njleg.gov/Bills/2022/S3500/3319_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S3500/3319_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S3500/3319_I1.PDF |
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