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Bill

MD

Bill

A 941

Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.

2024-2025 Regular Session Introduced by Mitchelle Drulis and 13 co-sponsors

New Jersey bill retroactively exempts 100% disabled veterans from property taxes to their disability determination date, requiring state reimbursement to municipalities for already-paid taxes.

Reported and Referred to Assembly Appropriations Committee
#disabled #propertytax #veterans
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Bill Summary · A 941

Legislative bill overview

Bill A 941 retroactively applies New Jersey's property tax exemption for 100% disabled veterans to the effective date of their disability determination, rather than only prospectively from the bill's enactment. The state would reimburse municipalities for property taxes already paid by eligible veterans during the retroactive period.

Why is this important

This addresses a gap where disabled veterans may have paid property taxes while technically qualifying for exemption but before the exemption was formally granted. The fiscal impact on municipalities and the state budget could be substantial depending on how many veterans are affected and the retroactive period's length, making it a material question of benefit distribution and government fiscal responsibility.

Potential points of contention

  • Fiscal impact uncertainty: The bill's cost depends on unknown variables—how many 100% disabled veterans are affected, property values in their areas, and how far back the retroactivity extends—creating budget uncertainty for both state and local governments
  • Municipal revenue loss: Municipalities lose tax revenue without knowing the extent, potentially affecting local services and budgets, though state reimbursement is promised
  • Implementation complexity: Determining eligibility retroactively requires locating veterans, verifying disability status for past periods, calculating owed amounts, and processing refunds—an administratively burdensome process

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

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