New Jersey proposes a constitutional amendment to allow veterans, senior citizens, and persons with disabilities who make payments in lieu of.
This proposed constitutional amendment would allow veterans, senior citizens, and persons with disabilities who make payments in lieu of property taxes to receive certain property tax benefits. Specifically, honorably discharged veterans would receive a $250 deduction from their in lieu of tax payments. Veterans who are totally disabled due to military service would not have to pay any in lieu of tax payments. Senior citizen homeowners and homeowners with disabilities would also receive a $250 deduction from their in lieu of tax payments.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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