New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill ACR32

Introduced
1/9/24  

Caption

Proposes constitutional amendment to exempt $60,000 of assessment on primary residence owned by senior citizens from property taxation.

Companion Bills

NJ ACR84

Carry Over Proposes constitutional amendment to exempt $60,000 of assessment on primary residence owned by senior citizens from property taxation.

Similar Bills

NJ S3457

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.

NJ A4887

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.

NJ A1358

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.

NJ S182

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.

CA AB1243

Property taxation: exemptions.

NJ S51

Increases maximum gross income tax deduction for homestead property taxes paid to $25,000.

NJ S2343

Increases maximum gross income tax deduction for homestead property taxes paid to $25,000.

NJ A2061

Permits taxpayers to deduct the total amount of State property taxes paid on principal residence from gross income tax obligation.