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Assembly committee advances proportional property-tax rebate for disabled veterans, caps rebate at $5,000

2663841 · March 17, 2025
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Summary

The Assembly Military and Veterans Affairs Committee voted to release A3169, an Assembly committee substitute that would allow veterans with service‑connected disabilities to receive a state property‑tax rebate proportional to their disability rating, capped at $5,000 and limited to veterans with gross income up to $200,000.

The Assembly Military and Veterans Affairs Committee voted to release A3169, an Assembly committee substitute that would allow veterans with service‑connected disabilities to receive a state property‑tax rebate proportional to their disability rating, capped at $5,000 and limited to veterans with gross income up to $200,000.

Supporters said the rebate would not reduce eligibility for the constitutional veterans property‑tax deduction or the constitutional senior and disabled citizens deduction, and that the rebate application would be included in the combined property‑tax relief application created under revisions to the Stay NJ program. "This property tax rebate will allow many veterans to remain in their homes that…

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