S.1012

Authorizes proportional property tax exemption for honorably discharged veterans having service-connected permanent disability; extends eligibility to veterans suffering from mental illness; establishes eligibility of property owned by disabled veteran with surviving partner for exemption.

Introduced·1/9/24
Introduced Text

New Jersey S1012 expands property tax exemption eligibility for honorably discharged veterans with service-connected disabilities, including mental.

New Jersey S1012 amends the state's property tax exemption law to provide a proportional property tax exemption for honorably discharged veterans with service-connected permanent disabilities, including mental illness. The exemption is in proportion to the veteran's percentage of disability, up to 100 percent. The bill also extends eligibility to the surviving spouse, surviving civil union partner, or surviving domestic partner of a disabled veteran, allowing them to receive the exemption until they remarry or enter into a new partnership.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Military and Veterans' Affairs Committee
Next
Session adjourned — paused until it reconvenes

Sponsors

DDD
3
0
Democratic CaucusRepublican Caucus

History

Jan 9, 2024

Senate

Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee