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Bill > A793
NJ A793
NJ A793Excludes veteran disability compensation from income qualification limits under homestead property tax reimbursement program.
summary
Introduced
01/09/2018
01/09/2018
In Committee
01/09/2018
01/09/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 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 allow more disabled veterans to qualify for the homestead property tax reimbursement program. 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. This would make it easier for disabled veterans to meet the income eligibility limits for the program, which provides reimbursement for increases in property taxes.
Committee Categories
Military Affairs and Security
Sponsors (4)
Last Action
Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/09/2018)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2018/Bills/A1000/793_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/A1000/793_I1.PDF |
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