Proposes constitutional amendment to increase amount of veterans' property tax deduction from $250 to $2,500 over four years.

SCR 96 proposes a constitutional amendment to increase New Jersey veterans' property tax deductions from $250 to $2,500 over four years. It directly affects honorably discharged veterans who are New Jersey residents, with the deduction amount rising incrementally: $1,000 in 2025, $1,500 in 2026, $2,000 in 2027, and $2,500 starting in 2028. The bill does not change eligibility but phases in the higher deduction amount annually. Surviving spouses of veterans and veterans in continuing care retirement communities would retain existing benefit structures under this amendment. This is a policy change to enhance property tax relief for veterans, not a new benefit.