Proposes constitutional amendment to increase annual income limitation for eligibility to receive property tax deduction for senior and disabled citizens.

ACR 66 proposes a constitutional amendment to increase the annual income limit for New Jersey residents to qualify for a property tax deduction. It directly affects seniors (65+ years) and permanently disabled residents who own or rent housing in the state. The bill would raise the current income cap from $10,000 to $15,000 per year for eligibility, effective in 2023. This change updates a limit that has remained unchanged since 1983, when it increased from $9,000 to $10,000.