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Bill > A3463


NJ A3463

NJ A3463
Lowers age of eligibility for surviving spouse under homestead property tax reimbursement program.


summary

Introduced
02/05/2024
In Committee
02/05/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill lowers the minimum age for a surviving spouse of an eligible claimant to maintain their eligibility to receive a homestead property tax reimbursement upon the death of the eligible claimant. The current minimum age is 65. The bill changes the minimum age to 62. The bill is retroactive to January 1, 2020. Informally known as the "senior freeze," the homestead property tax reimbursement provides eligible senior citizens and disabled persons with a benefit to compensate for increases in property taxes.

AI Summary

This bill lowers the minimum age for a surviving spouse of an eligible claimant to maintain their eligibility to receive a homestead property tax reimbursement upon the death of the eligible claimant. The current minimum age is 65, and the bill changes it to 62. The "homestead property tax reimbursement," informally known as the "senior freeze," provides eligible senior citizens and disabled persons with a benefit to compensate for increases in property taxes. The bill is retroactive to January 1, 2020.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Introduced, Referred to Assembly Aging and Human Services Committee (on 02/05/2024)

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