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Bill

Bill

A 1795

Increases annual income limitation to receive senior and disabled citizens' property tax deduction to $15,000.

2026-2027 Regular Session Introduced by Anthony Verrelli

New Jersey bill raises senior and disabled citizens' property tax deduction income limit to $15,000, expanding tax relief eligibility for low-income homeowners.

Introduced, Referred to Assembly Commerce and Economic Development Committee
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Bill Summary · A 1795

Legislative bill overview

Bill A 1795 raises the income threshold for New Jersey's property tax deduction program for seniors and disabled citizens from its current level to $15,000 annually. This expansion would allow more individuals in these demographics to qualify for tax relief on their primary residences.

Why is this important

Property tax deductions directly reduce housing costs for vulnerable populations on fixed incomes. Expanding eligibility addresses affordability pressures in a state with among the nation's highest property tax burdens, potentially keeping seniors and disabled residents in their homes longer.

Potential points of contention

  • Fiscal impact: Expanding eligibility increases state revenue loss; no fiscal note currently available to quantify the cost to the state budget
  • Income threshold adequacy: $15,000 may still exclude working-age disabled individuals and seniors with modest income from part-time work or pensions, raising questions about whether the increase goes far enough
  • Property value considerations: The bill does not appear to address whether high-value properties should be capped, potentially benefiting wealthy homeowners who fall within the income limit

Compiled from official sources — confirm details with the bill’s official record.

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