Bill
Bill > A941
NJ A941
NJ A941Makes 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.
summary
Introduced
01/09/2024
01/09/2024
In Committee
03/20/2025
03/20/2025
Crossed Over
Passed
Dead
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 the total property tax exemption for 100% disabled veterans retroactive to the effective date of the determination of the veteran's total disability by the United States Department of Veterans' Affairs. The bill requires municipalities to return all taxes collected on the veteran's property after the effective date of the determination of total disability, and it requires the State to reimburse municipalities for the amount of such property taxes returned to the totally disabled veteran.
Committee Categories
Budget and Finance, Government Affairs, Military Affairs and Security
Sponsors (14)
Roy Freiman (D)*,
Julio Marenco (D)*,
Chris Tully (D)*,
Mitchelle Drulis (D),
Dawn Fantasia (R),
Vicky Flynn (R),
Michael Inganamort (R),
Andrea Katz (D),
Cody Miller (D),
Jessica Ramirez (D),
Gabriel Rodriguez (D),
Brian Rumpf (R),
Alex Sauickie (R),
Gerry Scharfenberger (R),
Last Action
Reported and Referred to Assembly Appropriations Committee (on 03/20/2025)
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/2024/A941 |
| Analysis - Statement ASL 3/20/25 | https://pub.njleg.gov/Bills/2024/A1000/941_S2.PDF |
| Analysis - Technical Review Of Prefiled Bill | https://pub.njleg.gov/Bills/2024/A1000/941_T1.PDF |
| Analysis - Statement AMV 2/13/25 | https://pub.njleg.gov/Bills/2024/A1000/941_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/A1000/941_I1.HTM |
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