A2752

New Jersey A2752 prohibits homestead property tax rebates and credits and ANCHOR property tax benefits from being paid to property owners who move.

New Jersey A2752 amends the eligibility requirements for homestead property tax rebates and credits and ANCHOR property tax benefits. It prohibits these benefits from being paid to property owners who move out of State. This requirement applies to any homestead rebate or credit authorized under the "Homestead Property Tax Credit Act," including benefits issued under the ANCHOR Property Tax Relief Program. The bill ensures that only residents of the State during the calendar year in which the rebate or credit is paid can receive these benefits.