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Bill > A3146


NJ A3146

NJ A3146
Excludes veteran disability compensation from income qualification limits under homestead property tax reimbursement program.


summary

Introduced
02/22/2016
In Committee
02/22/2016
Crossed Over
Passed
Dead
01/08/2018

Introduced Session

2016-2017 Regular Session

Bill Summary

This bill would allow more disabled veterans to qualify for the homestead property tax reimbursement program. The homestead property tax reimbursement program reimburses eligible senior citizens and disabled persons for property tax increases. The amount of the reimbursement is the difference between the amount of property taxes that were due and paid for the "base year" (the first year that an individual meets all the eligibility requirements) and the amount due and paid for the year that the individual is applying for the reimbursement, provided the amount paid for the current year is greater. The bill would exclude disability compensation paid by the United States Department of Veterans Affairs to a veteran from the calculation of that person's income for the purpose of determining whether the person is eligible to participate in the homestead property tax reimbursement program.

AI Summary

This bill would exclude disability compensation paid by the United States Department of Veterans Affairs to a veteran from the calculation of that person's income for the purpose of determining whether the person is eligible to participate in the homestead property tax reimbursement program. This program reimburses eligible senior citizens and disabled persons for property tax increases. By excluding veteran disability compensation from the income calculation, more disabled veterans would be able to qualify for the program.

Committee Categories

Military Affairs and Security

Sponsors (3)

Last Action

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 02/22/2016)

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