Extends tax credit to caregivers of certain veterans in New Jersey.
This bill amends the Wounded Warrior Caregivers Relief Act to extend the tax credit benefit to caregivers of certain veterans. The tax credit is equal to 100 percent of the federal veteran disability compensation of a qualified armed service member for which the caregiver renders care, or $675, whichever is less. The bill revises the definition of veteran to mean any citizen and resident of this State discharged or released under honorable circumstances from active service in any branch of the Armed Forces of the United States.
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