Excludes veteran disability compensation from income qualification limits under homestead property tax reimbursement program.
This bill amends New Jersey's homestead property tax reimbursement program to exclude veterans' disability compensation from the income calculation used for eligibility. Specifically, it removes U.S. Department of Veterans Affairs disability payments (for service-connected injuries) from the income count when determining if a veteran qualifies for the program. Currently, the program has income limits (e.g., $37,174 for single applicants in 2000), but this change ensures veterans' disability compensation is not counted toward those limits. As a result, more veterans receiving VA disability benefits will become eligible for property tax reimbursements they might otherwise be disqualified from due to income thresholds.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Military and Veterans' Affairs Committee
lower
1 primary · 4 co-sponsors
Sponsors
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