S.616

Lowers age of eligibility for surviving spouse under homestead property tax reimbursement program.

This bill revises the eligibility criteria for the homestead property tax reimbursement program in New Jersey. It lowers the minimum age for a surviving spouse of an eligible claimant to maintain their eligibility to receive a homestead property tax reimbursement upon the death of the eligible claimant. The current minimum age is 65; the bill changes the minimum age to 62. The homestead property tax reimbursement provides eligible senior citizens and disabled persons with a benefit to compensate for increases in property taxes. The bill is retroactive to January 1, 2020.