Proposes constitutional amendment to provide property tax exemption of 50 percent of assessed value for primary residence of police officer or firefighter who suffers a line of duty injury that qualifies for accidental disability pension.

ACR 149 proposes a constitutional amendment requiring New Jersey to create a property tax exemption for police officers and firefighters who suffer line-of-duty injuries qualifying for an accidental disability pension. The exemption would cover 50% of the assessed value of their primary residence, capped at $6,500 in the first year (adjusted annually for inflation), and excludes those with over $500,000 in annual income. If approved, the state would reimburse municipalities for the lost tax revenue, which would then pass on reimbursements to counties and school districts. This is a proposed constitutional change requiring voter approval, not an enacted law.