Provides gross income tax credit to certain totally and permanently disabled veterans for rent constituting property taxes.

This bill (A4172) creates a tax credit for New Jersey residents who are totally and permanently disabled veterans and pay rent for their primary residence. The credit equals rent payments that qualify as property taxes under existing law, reducing their gross income tax liability. To qualify, veterans must have a service-connected disability (e.g., paraplegia, blindness, or amputation) as certified by the U.S. Veterans Administration. Surviving spouses of eligible veterans may also claim the credit during their widowhood/widowerhood. The credit applies to rental housing occupied as a principal residence and is processed through the state tax authority.