Proposes constitutional amendment to exempt $60,000 of assessment on primary residence owned by senior citizens from property taxation.

ACR 30 proposes a constitutional amendment to exempt the first $60,000 of the assessed value of a senior citizen's primary residence from property taxes. This would directly affect New Jersey residents aged 65 or older who own their primary home and pay property taxes. The exemption would reduce the taxable portion of their home's assessed value, lowering their annual property tax bill. The amendment requires voter approval in a statewide election to become part of the New Jersey Constitution.