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Bill > S1683


NJ S1683

NJ S1683
Increases annual income limit for eligibility to receive homestead property tax reimbursement.


summary

Introduced
02/29/2016
In Committee
02/29/2016
Crossed Over
Passed
Dead
01/08/2018

Introduced Session

2016-2017 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 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.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 02/29/2016)

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