New Jersey SCR96 proposes a constitutional amendment to increase the veterans' property tax deduction from $250 to $2,500 over four years.
New Jersey SCR96 proposes a constitutional amendment to increase the annual property tax deduction for qualified veterans and their surviving spouses. The current deduction is $250, and the amendment would raise it to $1,000 in 2025, $1,500 in 2026, $2,000 in 2027, and $2,500 in 2028 and beyond. The amendment would also allow the surviving spouse of a deceased veteran to receive the increased deduction. The amendment would be submitted to voters at the next general election.
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