Proposes constitutional amendment authorizing municipalities, by ordinance, to provide partial property tax exemption on primary residence of certain volunteer first responders.

This bill proposes a constitutional amendment that would allow New Jersey municipalities to offer partial property tax exemptions on the homes of volunteer first responders. The measure directly affects active members of volunteer fire departments, first aid squads, or rescue teams who serve their local communities. Under this proposal, eligible volunteers could receive a property tax exemption of up to 10 percent of their home's assessed value, with the specific amount determined by each municipality through local ordinances. The bill clarifies that the state would not be required to reimburse towns for the lost tax revenue from these exemptions.