NJ S313

Bill

Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.

Introduced
01/09/2024

In Committee
01/09/2024

Crossed Over

Passed

Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill provides that the total property tax exemption extended to totally disabled veterans is to be retroactive to the effective date of the determination of the veteran's total disability by the United States Department of Veterans' Affairs. The bill also requires that the governing body of each municipality return all taxes collected on the veteran's property after the effective date of the determination of total disability by the United States Department of Veterans' Affairs, and requires the State to reimburse municipalities for the amount of such property taxes returned to a totally disabled veteran pursuant to the requirements of the bill.

AI Summary

This bill makes a property tax exemption for 100% disabled veterans retroactive to the date their total disability was officially determined by the U.S. Department of Veterans' Affairs (VA), meaning they can receive refunds for taxes paid since that date. It also mandates that municipalities must return any property taxes collected from these veterans after their disability determination date, and crucially, the State will then reimburse these municipalities for the amounts returned to the veterans, plus an additional 2% to cover administrative costs. This change ensures that veterans who qualify for a total property tax exemption due to a service-connected disability are not penalized for any delay in filing their claim and that municipalities are not financially burdened by these retroactive refunds.

Committee Categories

Housing and Urban Affairs

Sponsors (6)

Patrick Diegnan (D)*, Troy Singleton (D)*, Carmen Amato (R), Gordon Johnson (D), Parker Space (R), Brian Stack (D),

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/09/2024)

Official Document

https://www.njleg.state.nj.us/bill-search/2024/S313

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.njleg.state.nj.us/bill-search/2024/S313
BillText	https://pub.njleg.gov/Bills/2026/S0500/313_I1.HTM
BillText	https://pub.njleg.gov/Bills/2024/S0500/313_I1.HTM

Bill	Bill Name	Last Action	Type
A3928	Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.	Reported and Referred to Assembly State and Local Government Committee	Carry Over
A941	Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.	Reported and Referred to Assembly Appropriations Committee	Same As
S131	Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.	Referred to Senate Budget and Appropriations Committee	Carry Over

Bill > S313

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (6)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary