New Jersey A4111 excludes veteran disability compensation from income qualification limits for the homestead property tax reimbursement program.
New Jersey A4111 amends the homestead property tax reimbursement program to exclude disability compensation paid by the United States Department of Veterans Affairs from the calculation of income for eligibility purposes. This change aims to make more disabled veterans eligible for the program, which provides reimbursements for property tax increases to eligible senior citizens and disabled persons. The program calculates reimbursements based on the difference between property taxes paid in the base year and the current year.
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