New Jersey / State / 2024-2025 Legislature

SCR81 Would have asked voters to raise the veterans property tax deduction from $250 to $2,500 over four years

Catalog reconciledDid not pass

2024-2025 Legislature

Expands benefits Would have asked the voters to raise the $250 veterans property tax deduction to $2,500 over four years.

A proposed constitutional amendment to raise the deduction to $1,000 in tax year 2025, $1,500 in 2026, $2,000 in 2027 and $2,500 from 2028. Reported from the Senate Community and Urban Affairs Committee and referred to Senate Budget and Appropriations on June 17, 2024, it went no further and died when the session ended in January 2026. Guides describing New Jersey's veterans deduction print its schedule beside the current figure. The deduction is $250, as it has been since 2003.

Progress

Path to law: Measure referred to the voters

  1. Introduced Done, Senate
  2. In committee Done, Senate Community and Urban Affairs, which reported it on June 17, 2024, then Senate Budget and Appropriations
  3. Died Stopped hereThe 2024-2025 session ended with the resolution in Senate Budget and Appropriations
  4. Passed the legislature Not reached
  5. On the ballot Not reached
  6. Approved by voters Not reached
  7. In effect Not reached

Sponsors

  • Troy SingletonSponsor, Senate, District 7
  • Nilsa I. Cruz-PerezSponsor, Senate, District 5
  • Carmen F. Amato, Jr.Co-sponsor, Senate
  • Anthony M. BuccoCo-sponsor, Senate
  • Patrick J. Diegnan, Jr.Co-sponsor, Senate
  • Declan J. O'Scanlon, Jr.Co-sponsor, Senate
  • M. Teresa RuizCo-sponsor, Senate
  • Holly T. SchepisiCo-sponsor, Senate
  • Robert W. SingerCo-sponsor, Senate
  • Shirley K. TurnerCo-sponsor, Senate
  • Andrew ZwickerCo-sponsor, Senate
  • Vin GopalCo-sponsor, Senate
  • Parker SpaceCo-sponsor, Senate
  • Latham TiverCo-sponsor, Senate
  • Douglas J. SteinhardtCo-sponsor, Senate
  • Vincent J. PolistinaCo-sponsor, Senate
  • Joseph P. CryanCo-sponsor, Senate
  • Linda R. GreensteinCo-sponsor, Senate
  • James W. HolzapfelCo-sponsor, Senate

What it touches

  • N.J. Const. art. VIII, sec. 1, par. 3
  • N.J.S.A. 54:4-8.11

Catalog entry

Official record

Read SCR81 on the jurisdiction's own record