New Jersey A4644 modifies the Stay NJ property tax credit program to include claimants who relocate from one homestead to another within the state.

New Jersey A4644 amends the Stay NJ property tax credit program to expand eligibility to include state residents who relocate from one homestead to another within the state during the tax year. Under the current law, such relocations disqualify individuals from the program. The bill ensures that these individuals can still qualify for the credit if they own a homestead in the state for the entire tax year and meet other eligibility criteria.

New Jersey A4644 modifies the Stay NJ property tax credit program to include claimants who relocate from one homestead to another within the state.

New Jersey A4644 amends the Stay NJ property tax credit program to expand eligibility to include state residents who relocate from one homestead to another within the state during the tax year. Under the current law, such relocations disqualify individuals from the program. The bill ensures that these individuals can still qualify for the credit if they own a homestead in the state for the entire tax year and meet other eligibility criteria.