New Jersey S3970 mandates property tax relief benefits be credited on eligible claimants' tax bills and requires tabulation of credits and deductions.
New Jersey S3970 requires benefits under the ANCHOR, Homestead Property Tax Reimbursement, and Stay NJ Property Tax Credit programs to be provided as credits on eligible claimants' property tax bills. The bill mandates that property tax bills include a tabulation of credits and deductions from these programs, as well as from the veterans and senior/disabled persons property tax deductions.
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