Revises statutes implementing certain property tax relief programs pursuant to recommendations promulgated by Stay NJ Task Force.

This bill establishes the Stay NJ property tax credit program, providing property tax relief to New Jersey seniors aged 65 or older with annual income under $500,000. It consolidates three existing property tax relief programs into a single application process, allowing eligible claimants to receive the greater of the Stay NJ credit or the combined amount of the ANCHOR rebate and homestead property tax reimbursement. The credit equals 50% of the claimant's property tax bill, capped at $6,500 in 2026 with annual adjustments based on property tax increases. The bill requires a single combined application form to be available from February 1 through October 31 each year, and revises income definitions to include Social Security payments and other excluded income sources for eligibility purposes.