Proposes constitutional amendment to authorize municipalities to provide property tax credit of up to 100 percent for primary residence of volunteer firefighter or volunteer first aid squad member.

ACR 55 proposes a constitutional amendment allowing New Jersey municipalities to offer property tax credits of up to 100% on the primary residence of volunteer firefighters or volunteer first aid squad members. To qualify, the volunteer must actively serve a fire company or first aid squad that serves the same municipality where they live. Municipalities would need to adopt an ordinance to implement the credit, which would directly reduce property tax bills for eligible volunteers. The amendment requires voter approval before taking effect.