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Bill > A271
NJ A271
NJ A271Increases annual income limit for eligibility to receive homestead property tax reimbursement.
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 would increase the annual income limit for eligibility to receive a homestead property tax reimbursement. Under current law, the income limit is $80,000 or less for single persons or married couples. This bill would increase that income limit to $100,000 or less in 2017 and each year thereafter, to allow more senior citizens and disabled persons to qualify for this property tax relief program.
AI Summary
This bill increases the annual income limit for eligibility to receive a homestead property tax reimbursement, a program designed to provide property tax relief. Specifically, it raises the maximum income allowed for single individuals or married couples to qualify for this reimbursement from $80,000 to $100,000, starting in tax year 2017 and continuing in subsequent years. This change aims to allow more senior citizens and disabled persons, who are the primary beneficiaries of this program, to qualify for the tax relief.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly State and Local Government 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/A271 |
| BillText | https://pub.njleg.gov/Bills/2026/A0500/271_I1.HTM |
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