New Jersey A1795 increases the annual income limit for senior and disabled citizens to qualify for a $250 property tax deduction from $10,000 to.

New Jersey A1795 amends the current law to raise the annual income threshold for eligibility for the senior and disabled persons' $250 property tax deduction from $10,000 to $15,000. This change will take effect once authorized by a constitutional amendment. The deduction applies to those aged 65 or older, or those under 65 who are permanently and totally disabled, provided their income does not exceed the specified limit. The bill also includes provisions for married couples' income and the types of residency that qualify for the deduction.

New Jersey A1795 increases the annual income limit for senior and disabled citizens to qualify for a $250 property tax deduction from $10,000 to.

New Jersey A1795 amends the current law to raise the annual income threshold for eligibility for the senior and disabled persons' $250 property tax deduction from $10,000 to $15,000. This change will take effect once authorized by a constitutional amendment. The deduction applies to those aged 65 or older, or those under 65 who are permanently and totally disabled, provided their income does not exceed the specified limit. The bill also includes provisions for married couples' income and the types of residency that qualify for the deduction.