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NJ A221

NJ A221
Requires State personal income tax materials to include notice of certain property tax relief programs.


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

This bill requires State personal income tax materials to include notice of the property tax relief programs administered by the Division of Taxation. The purpose of the bill is to better effectuate the personal income tax's constitutional design to provide property tax relief. The bill amends the Director of the Division of Taxation's existing regulatory authority to explicitly require notice in the State's personal income tax filing instructions concerning the availability of the Homestead Benefit Program, Senior Freeze Program, and the State's personal income tax deductions and alternative credit for property taxes.

AI Summary

This bill requires the Director of the Division of Taxation to include notice of certain property tax relief programs in the instructions for New Jersey personal income tax returns. Specifically, the bill mandates the inclusion of information about the Homestead Benefit Program, the Senior Freeze Program, and the state's personal income tax deductions and alternative credit for property taxes. The purpose is to better inform taxpayers about these available property tax relief options when filing their state income taxes.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

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

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