Proposes constitutional amendment to increase amount of veterans' property tax deduction based on annual increases in CPI.

ACR 145 proposes a constitutional amendment to adjust New Jersey's veterans' property tax deduction annually based on the Consumer Price Index (CPI). Currently fixed at $250 since 2003, the deduction would be increased for tax year 2026 by the cumulative CPI growth from 2003-2025, then adjusted each year thereafter using the annual CPI change. The deduction would round up to the next dollar and never decrease, even if inflation drops. This directly affects honorably discharged veterans, their surviving spouses, and qualifying residents owning property in New Jersey who currently receive the $250 deduction.