New Jersey SCR129 proposes a constitutional amendment to allow municipalities to exempt volunteer first responders' primary residences from partial.
New Jersey SCR129 proposes a constitutional amendment authorizing municipalities to provide a partial property tax exemption on the primary residence of certain volunteer first responders. Eligible first responders are active members of volunteer fire departments or volunteer first aid or ambulance squads serving the municipality. The exemption would be up to ten percent of the home’s assessed value, with the municipality deciding the exact amount. The State would not be required to reimburse municipalities for the foregone property tax revenue.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.