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Bill > ACR177
NJ ACR177
NJ ACR177Proposes constitutional amendment to increase amount of veterans' property tax deduction from $250 to $2,500 over four years.
summary
Introduced
03/30/2023
03/30/2023
In Committee
03/30/2023
03/30/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Proposes constitutional amendment to increase amount of veterans' property tax deduction from $250 to $2,500 over four years.
AI Summary
This Concurrent Resolution proposes a constitutional amendment in New Jersey to gradually increase the property tax deduction available to honorably discharged veterans and their surviving spouses. Currently, veterans can receive a $250 deduction on their property tax bills. This resolution aims to amend the state constitution to phase in an increase to this deduction, starting with $1,000 in tax year 2024, then $1,500 in 2025, $2,000 in 2026, and finally reaching $2,500 in tax year 2027 and all subsequent years. The resolution also clarifies provisions for continuing care retirement communities regarding this deduction and outlines the process for submitting this proposed amendment to voters for their approval in the next general election.
Committee Categories
Military Affairs and Security
Sponsors (9)
Wayne DeAngelo (D)*,
Carol Murphy (D)*,
Kevin Rooney (R)*,
Kimberly Eulner (R),
Angela Mcknight (D),
Marilyn Piperno (R),
Verlina Reynolds-Jackson (D),
Alex Sauickie (R),
Jay Webber (R),
Last Action
Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 03/30/2023)
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/ACR177 |
| BillText | https://pub.njleg.gov/Bills/2022/ACR/177_I1.HTM |
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