Bill
Bill > S2796
NJ S2796
NJ S2796Increases amounts of property tax deductions for senior citizens and persons with disabilities, and veterans, from $250 to $500.
summary
Introduced
02/22/2024
02/22/2024
In Committee
02/22/2024
02/22/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill would increase from $250 to $500 the annual property tax deductions provided to senior citizens and persons with disabilities, and veterans, to $500. The bill would take effect immediately, but remain inoperative until the approval by the voters of the State of amendments to the State Constitution that increase the amount of the property tax deductions for senior citizens and persons with disabilities, and veterans, to $500.
AI Summary
This bill would increase the annual property tax deductions provided to senior citizens, persons with disabilities, and veterans, from $250 to $500 starting in 2024. The bill would take effect immediately but remain inoperative until the approval of constitutional amendments to increase the deduction amount to $500. The bill aims to provide more relief to these groups by doubling the current property tax deductions they can receive.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 02/22/2024)
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/S2796 |
| BillText | https://pub.njleg.gov/Bills/2024/S3000/2796_I1.HTM |
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