Proposes constitutional amendment to dedicate tax revenue from sale of recreational marijuana for property tax relief.

ACR 75 proposes a constitutional amendment to dedicate revenue from New Jersey's recreational marijuana sales tax exclusively for property tax relief. It would create a special "Recreational Marijuana Sales Tax Account" within the Property Tax Relief Fund, requiring all marijuana tax revenue to be deposited there annually. The funds would be used to provide a uniform property tax credit to homeowners who occupy their home as a primary residence and pay annual property taxes. This amendment requires voter approval through a statewide referendum after legislative passage.