Bill

Bill > A793


NJ A793

NJ A793
Excludes veteran disability compensation from income qualification limits under homestead property tax reimbursement program.


summary

Introduced
01/09/2018
In Committee
01/09/2018
Crossed Over
Passed
Dead
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

Loading...

bill summary

Loading...
Loading...