Makes permanent additional $250 ANCHOR property tax benefit for certain senior citizen homeowners and tenants.

This bill makes permanent an additional $250 annual property tax benefit for senior citizens under New Jersey's ANCHOR Property Tax Relief Program. It directly affects homeowners and tenants aged 65 or older who meet specific income limits, providing $250 extra relief to owners with gross income up to $250,000 and up to $250 to renters with gross income up to $150,000. The key provision removes the previous expiration date, ensuring this supplemental benefit continues to be paid annually alongside other existing program benefits. The total amount of tax relief a senior receives remains capped at the actual property taxes they pay.