SR 117 New Jersey Senate · 2024-2025 Regular Session

Urges President and Congress of United States to enact federal legislation providing proportional property tax relief for honorably discharged veterans having a service-connected permanent disability.

This Senate Resolution (SR 117) urges the U.S. President and Congress to create federal legislation providing proportional property tax relief for veterans with service-connected permanent disabilities. It proposes that federal relief would be calculated based on a veteran's disability rating from the VA, offering a tax benefit proportional to that rating. The resolution specifies that this relief would apply only to primary residences and be limited to veterans with annual incomes under $200,000. It notes that while New Jersey already offers full property tax exemptions for veterans with 100% service-connected disabilities, this federal solution would extend similar proportional support nationwide.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 18, 2024 Last action Nov 18, 2024
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Nov 18, 2024
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
1 primary · 0 co-sponsors

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P
Photo of Angela McKnight
Angela McKnight
DDemocratic
NJ
31