Bill
A 1333
Increases, from 18 percent to 30 percent, amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments.
2024-2025 Regular Session
Introduced by Brian Bergen and 3 co-sponsors
Increases the rental payment percentage counted as deductible property taxes from 18% to 30%, reducing renter tax liability in New Jersey.
Introduced in the Assembly, Referred to Assembly State and Local Government Committee