Bill
Bill > A1048
NJ A1048
NJ A1048Increases annual income limit for eligibility to receive homestead property tax reimbursement.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill would increase the annual income limit for eligibility to receive a homestead property tax reimbursement. Under current law, the income limit is $80,000 or less for single persons or married couples. This bill would increase that income limit to $100,000 or less in 2017 and each year thereafter, to allow more senior citizens and disabled persons to qualify for this property tax relief program.
AI Summary
This bill would increase the annual income limit for eligibility to receive a homestead property tax reimbursement. Currently, the income limit is $80,000 or less for single persons or married couples. This bill would raise the income limit to $100,000 or less in 2017 and each year thereafter, allowing more senior citizens and disabled persons to qualify for this property tax relief program.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly State and Local Government Committee (on 01/09/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A1048 |
| BillText | https://pub.njleg.gov/Bills/2024/A1500/1048_I1.HTM |
Loading...