Bill > ACR110

This concurrent resolution proposes a constitutional amendment that would authorize municipalities to provide a partial property tax exemption for volunteer first responders. Specifically, the amendment would allow the state Legislature to enact a law permitting municipalities to offer a property tax exemption of up to 15 percent of the assessed value for residential properties owned and used as primary residences by active members of volunteer fire companies or volunteer first aid and rescue squads serving their local community. To implement the exemption, a municipality would need to pass a specific ordinance, and each municipality would have the discretion to decide whether to offer the exemption and at what percentage (up to the 15 percent maximum). To qualify for the exemption, the volunteer first responder must be an active member of a volunteer emergency service organization incorporated in the state and serving residents of the same municipality where the property is located. The proposed amendment would be submitted to voters at a general election, with voters asked to approve the constitutional change that would enable this targeted property tax relief for volunteer emergency service workers.

Military Affairs and Security

https://www.njleg.state.nj.us/bill-search/2024/ACR110