Modifies Stay NJ property tax credit program eligibility criteria to include certain claimants who relocate from homestead during tax year.

This bill modifies the Stay NJ property tax credit program in New Jersey to allow seniors who move from one home to another within the state during the tax year to remain eligible for the benefit. Previously, claimants had to own a homestead for the entire tax year, but this change permits those who relocate to another New Jersey home to qualify as long as they own both their old and new properties for the full year and meet all other requirements. The program provides property tax relief to New Jersey residents aged 65 or older with incomes under $500,000, and this amendment ensures that seniors who move within the state do not lose their tax credit benefits due to the relocation.