New Jersey Assembly Bill A867

New Jersey 2024-2025 Regular Session

• Introduced: 1/9/24
• Refer: 1/9/24

Caption

Provides for increase and annual adjustment in allowance paid to veterans with certain wartime service-connected disabilities.

Impact

The bill also includes provisions for an annual adjustment of this allowance based on changes in the Consumer Price Index (CPI). This adjustment will be made only if there is a positive change in the CPI, ensuring that the allowances keep pace with inflation and cost-of-living increases. This mechanism guarantees that the financial support provided to veterans remains relevant and effective over time, helping to improve their quality of life in response to economic changes.

Summary

Assembly Bill A867 aims to increase the annual allowance paid to veterans with certain wartime service-connected disabilities in New Jersey. Currently, veterans receive $750 annually under the Blind Veterans' Allowance Program and similar programs for other disabilities. This bill proposes to raise that amount to $1,500, thereby doubling the financial support that these veterans receive. This increase addresses the long-standing disparities that have existed since the last amendments were made to these allowances, which dates back to 1971 and 1981 respectively.

Contention

Notable points of contention may arise regarding the funding for these increased payments and adjustments. Critics may question how the state plans to source the necessary funds to meet these new financial obligations, especially in light of budget constraints. Additionally, there may be discussions regarding the scope of eligibility for receiving the allowance, ensuring that it appropriately covers all deserving veterans without imposing overly restrictive criteria.