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Bill > S2279
NJ S2279
NJ S2279Increases annual property tax deduction for senior citizens and disabled persons from $250 to $500.
summary
Introduced
03/12/2018
03/12/2018
In Committee
03/12/2018
03/12/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
This bill would increase the amount of the annual property tax deduction provided to eligible senior citizens and disabled persons from the current $250 to $300.00 in tax year 2019, $350.00 in tax year 2020, $400.00 in tax year 2021, $450.00 in tax year 2022, and $500.00 in tax year 2023 and in each tax year thereafter. The amount of this annual property tax deduction has not been increased since 1983. The provisions of the bill will remain inoperative until the approval by the voters of the State of a constitutional amendment authorizing this increased property tax deduction for senior citizens and disabled persons.
AI Summary
This bill would increase the annual property tax deduction for eligible senior citizens and disabled persons from the current $250 to $500 over a five-year period. The deduction amount would increase incrementally from $300 in 2019 to $500 in 2023 and each year thereafter. The provisions of the bill will remain inoperative until the approval of a constitutional amendment by the voters of New Jersey authorizing this increased property tax deduction for senior citizens and disabled persons.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 03/12/2018)
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/S2500/2279_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/S2500/2279_I1.PDF |
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