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

This bill increases the annual income limit for New Jersey residents to qualify for homestead property tax reimbursement. Currently, applicants must have an income of $80,000 or less (for both single and married filers) to receive this tax relief. The bill raises this limit to $100,000 or less for all tax years starting in 2017 and beyond. This change directly affects senior citizens (65+) and disabled persons who own or rent a primary residence, allowing more households to qualify for property tax reimbursement.