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Bill > A1488
NJ A1488
NJ A1488Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill provides that the total property tax exemption extended to totally disabled veterans is to be retroactive to the effective date of the determination of the veteran's total disability by the United States Department of Veterans' Affairs. The bill also requires that the governing body of each municipality return all taxes collected on the veteran's property after the effective date of the determination of total disability by the United States Department of Veterans' Affairs, and requires the State to reimburse municipalities for the amount of such property taxes returned to a totally disabled veteran pursuant to the requirements of the bill.
AI Summary
This bill makes a property tax exemption for 100% disabled veterans retroactive to the date their total disability was officially determined by the U.S. Department of Veterans' Affairs (VA), meaning they will no longer have to pay property taxes on their primary residence from that date forward. Previously, the exemption might not have been applied retroactively, and municipalities were not mandated to refund taxes already paid. This bill requires municipalities to return any property taxes collected from these veterans after their disability determination date, and crucially, it mandates that the State will reimburse these municipalities for the amounts refunded to the veterans, ensuring local governments are not financially burdened by this expanded benefit.
Committee Categories
Military Affairs and Security
Sponsors (12)
Roy Freiman (D)*,
Chris Tully (D)*,
Mitchelle Drulis (D),
Dawn Fantasia (R),
Vicky Flynn (R),
Michael Inganamort (R),
Andrea Katz (D),
Cody Miller (D),
Gabriel Rodriguez (D),
Brian Rumpf (R),
Alex Sauickie (R),
Gerry Scharfenberger (R),
Last Action
Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/13/2026)
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/2026/A1488 |
| BillText | https://pub.njleg.gov/Bills/2026/A1500/1488_I1.HTM |
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