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Bill > S1459

NJ S1459

NJ S1459
Allows property tax rebate for disabled veterans.

summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill allows veterans with a service-connected disability to receive a property tax rebate from the State in proportion to the percentage of their service-connected disability. The bill provides property tax relief to veterans who have a disability rating of less than 100 percent total and permanent disability. Veterans who have a disability rating of 100 percent total and permanent disability are already exempt from paying property taxes. Veterans with a service-connected disability are assigned a disability rating from the United States Department of Veterans' Affairs. A disability rating may range from 0 percent to 100 percent. That rating will determine the percentage of property taxes paid that the veteran will be allowed as a rebate under this bill. Funding for the rebate allowed by this bill is dependent on annual appropriations by the Legislature. The bill caps the rebate at $5,000 and limits availability of the rebate to veterans with gross income of up to $200,000.

AI Summary

This bill allows honorably discharged veterans with a service-connected disability, as determined by the U.S. Department of Veterans' Affairs, to receive a property tax rebate. The rebate amount will be a percentage of the property taxes paid on their homestead, with the percentage matching their disability rating. This relief is for veterans with a disability rating less than 100 percent, as those with a 100 percent rating are already exempt from property taxes. For renters, 18 percent of their rent is considered property taxes paid. The rebate is capped at $5,000 annually and is only available to veterans with a gross income of $200,000 or less. Funding for these rebates depends on annual legislative appropriations. The bill also outlines application procedures, the director's authority to review and adjust claims, and provisions for handling property tax delinquencies, including potentially withholding rebates to offset outstanding tax debts.

Committee Categories

Military Affairs and Security

Sponsors (6)

Last Action

Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee (on 01/13/2026)
(3 Companion Bills)

bill text

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Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2026/S1459
BillText https://pub.njleg.gov/Bills/2026/S1500/1459_I1.HTM
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