A 4644
Modifies Stay NJ property tax credit program eligibility criteria to include certain claimants who relocate from homestead during tax year.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill amends the Stay NJ property tax credit program to include certain homeowners who relocate from their original homestead within New Jersey during the tax year, as long as they maintain ownership of a New Jersey homestead throughout that year and meet other eligibility criteria. Currently, residents who move to a new homestead mid-year were not eligible. The bill aims to provide property tax relief to these relocating residents, ensuring they can receive the credit based on their property tax payments for both their original and new residences.
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Primary sponsors
Cosponsors
Erik Peterson
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