Establishes a real property tax exemption for persons sixty years of age or over with an annual household income not exceeding $100,000; directs the state to reimburse municipalities for lost revenues.
"Homestead School Property Tax Reimbursement Act"; provides State reimbursement for 50% of school property taxes paid by seniors, 65 years and older.
"Homestead School Property Tax Reimbursement Act"; provides State reimbursement for 50% of school property taxes paid by seniors, 65 years and older.
"Homestead School Property Tax Reimbursement Act"; provides State reimbursement for 50% of school property taxes paid by seniors, 65 years and older.
"Homestead School Property Tax Reimbursement Act"; provides State reimbursement for 50% of school property taxes paid by seniors, 65 years and older.
Converts senior freeze reimbursement into credit applied directly to property tax bills.
Requires partial State reimbursement to municipalities for cost of disabled veterans' total property tax exemption.
Increases annual income limit for eligibility to receive homestead property tax reimbursement.
Increases annual income limit for eligibility to receive homestead property tax reimbursement.
Converts senior freeze reimbursement into credit applied directly to property tax bills.