Bill

Bill > ACR33


NJ ACR33

NJ ACR33
Proposes constitutional amendment authorizing municipalities, by ordinance, to provide partial property tax exemption on primary residence of certain volunteer first responders.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 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.

AI Summary

This concurrent resolution proposes a constitutional amendment that would authorize municipalities to provide a partial property tax exemption for volunteer first responders who own and reside in the municipality they serve. Specifically, the amendment would allow local governments to create an ordinance granting up to a 10 percent property tax exemption on the assessed value of a home owned by an active volunteer firefighter or first aid/rescue squad member. The exemption would apply only to the volunteer's primary residence located in the municipality where they provide volunteer services. Importantly, the state would not be obligated to reimburse municipalities for the lost tax revenue resulting from these exemptions. The proposed amendment would be submitted to voters at a general election, with voters asked to approve or reject the constitutional change by voting "Yes" or "No" on the ballot. If approved, the amendment would provide a financial incentive to recognize and support volunteer first responders by offering a modest property tax break in recognition of their community service.

Committee Categories

Government Affairs

Sponsors (11)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 01/09/2024)

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