Proposes constitutional amendment to increase amount of veterans' property tax deduction based on annual increases in CPI.

This constitutional amendment (SCR 24) would adjust New Jersey veterans' property tax deductions annually based on inflation, starting in 2026. Currently fixed at $250 for tax years 2003-2025, the deduction would increase each year using the Consumer Price Index (CPI), rounding up to the next dollar. It applies to honorably discharged veterans, their surviving spouses, and veterans living in continuing care retirement communities. The change requires voter approval through a constitutional amendment vote.