Proposes constitutional amendment to provide property tax exemption for primary residence of surviving spouse of law enforcement officer killed in the line of duty.
Impact
If enacted, ACR48 would have a significant impact on property tax laws in New Jersey by introducing a specific exemption clause targeted at a particular group—surviving spouses of law enforcement officers. This would allow these individuals to retain their homes without the burden of property taxes, thus providing them some financial relief during a difficult time. The amendment will also require a public vote during the next general election, allowing constituents to express their support or opposition directly.
Summary
ACR48 is a proposed Assembly Concurrent Resolution in New Jersey that seeks to amend the state constitution to provide a property tax exemption for the primary residence of the surviving spouse of a law enforcement officer who has been killed in the line of duty. The amendment stipulates that the exemption would apply as long as the spouse owns and occupies the residence and does not remarry. This initiative is aimed at supporting families of law enforcement personnel who have made the ultimate sacrifice while serving their communities.
Contention
While supporters of ACR48 argue that the measure honors law enforcement officers’ sacrifices and provides essential support to their families, detractors may raise concerns about the implications of such exemptions on local tax revenues. The need for financial support for the survivors is clear, but questions of equity and how this exemption aligns with statewide property tax policies may emerge as points of contention during discussions surrounding the proposal.
Carry Over
Proposes constitutional amendment to provide property tax exemption for primary residence of surviving spouse of law enforcement officer or firefighter killed in the line of duty.
Carry Over
Proposes constitutional amendment to provide property tax exemption for primary residence of surviving spouse of law enforcement officer killed in the line of duty.
Proposes constitutional amendment to provide property tax exemption for primary residence of surviving spouse of law enforcement officer killed in the line of duty.
Proposes constitutional amendment to provide property tax exemption for primary residence of surviving spouse of law enforcement officer or firefighter killed in the line of duty.
Proposes constitutional amendment to provide property tax exemption for primary residence owned and occupied by surviving spouse of first responder who dies in line of duty.
Proposes constitutional amendment to provide property tax exemption for primary residence owned and occupied by surviving spouse of first responder who dies in line of duty.
Proposes constitutional amendment to provide property tax exemption for primary residence owned and occupied by surviving spouse of first responder who dies while performing regular or assigned duties.
Proposes constitutional amendment to provide property tax exemption for primary residence owned and occupied by surviving spouse of first responder who dies while performing regular or assigned duties.
Proposes constitutional amendment to provide property tax exemption for primary residence of police officer, firefighter, or emergency medical technician who suffers line of duty injury.
Increases gross income tax relief based on rent constituting property taxes for residential tenants and establishes refundable gross income tax credit in place of gross income tax deduction for residential tenants.
Increases gross income tax relief based on rent constituting property taxes for residential tenants and establishes refundable gross income tax credit in place of gross income tax deduction for residential tenants.
Increases gross income tax relief based on rent constituting property taxes for residential tenants and establishes refundable gross income tax credit in place of gross income tax deduction for residential tenants.
Increases gross income tax relief based on rent constituting property taxes for residential tenants and establishes refundable gross income tax credit in place of gross income tax deduction for residential tenants.
Increases, from 18 percent to 30 percent, amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments.