SCR 81 New Jersey Senate · 2024-2025 Regular Session

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

SCR 81 proposes a constitutional amendment to increase New Jersey's veterans' property tax deduction from $250 to $2,500 over four years. The deduction would rise to $1,000 in 2025, $1,500 in 2026, $2,000 in 2027, and $2,500 starting in 2028, remaining at that level annually thereafter. This change directly affects honorably discharged veterans and their surviving spouses (who qualify after the veteran's death). The amendment would adjust the existing tax benefit without altering other eligibility rules or requiring new administrative processes.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 29, 2024 Last action Jun 17, 2024
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
2
Jun 17, 2024
Committee
Referred to Senate Budget and Appropriations Committee
upper
Jun 17, 2024
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
Jan 29, 2024
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
2 primary · 17 co-sponsors

Sponsors