Bill Text: NJ ACR207 | 2010-2011 | Regular Session | Introduced


Bill Title: Proposes constitutional amendment to increase to $500 veterans' property tax deduction.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-11-21 - Introduced, Referred to Assembly Military and Veterans' Affairs Committee [ACR207 Detail]

Download: New_Jersey-2010-ACR207-Introduced.html

ASSEMBLY CONCURRENT RESOLUTION No. 207

STATE OF NEW JERSEY

214th LEGISLATURE

 

INTRODUCED NOVEMBER 21, 2011

 


 

Sponsored by:

Assemblyman  ANTHONY M. BUCCO

District 25 (Morris)

 

 

 

 

SYNOPSIS

     Proposes constitutional amendment to increase to $500 veterans' property tax deduction.

 

CURRENT VERSION OF TEXT

     As introduced.

  


A Concurrent Resolution proposing to amend Article VIII, Section I, paragraph 3 of the Constitution of the State of New Jersey.

 

     Be It Resolved by the General Assembly of the State of New Jersey (the Senate concurring):

 

     1.    The following proposed amendment to the Constitution of the State of New Jersey is agreed to:

 

PROPOSED AMENDMENT

 

     Amend Article VIII, Section I, paragraph 3 to read as follows:

     3.    Any citizen and resident of this State now or hereafter honorably discharged or released under honorable circumstances from active service, in time of war or other emergency as, from time to time, defined by the Legislature, in any branch of the Armed Forces of the United States shall be entitled, annually to a deduction from the amount of any tax bill in taxes on real and personal property, or both, including taxes attributable to a residential unit held by a stockholder in a cooperative or mutual housing corporation, in the sum of $50 or if the amount of any such tax bill shall be less than $50, to a cancellation thereof, except that the deduction or cancellation shall be $100 in tax year 2000, $150 in tax year 2001, $200 in tax year 2002, [and] $250 in each tax year thereafter through 2012, $300 in tax year 2013, $350 in tax year 2014, $400 in tax year 2015, $450 in tax year 2016, and $500 in tax year 2017 and in each tax year thereafter.  The deduction or cancellation shall not be altered or repealed.  Any person hereinabove described who has been or shall be declared by the United States Veterans Administration, or its successor, to have a service-connected disability, shall be entitled to such further deduction from taxation as from time to time may be provided by law.  The surviving spouse of any citizen and resident of this State who has met or shall meet his or her death on active duty in time of war or of other emergency as so defined in any such service shall be entitled, during her widowhood or his widowerhood, as the case may be, and while a resident of this State, to the deduction or cancellation in this paragraph provided in honorably discharged veterans and to such further deduction as from time to time may be provided by law.  The surviving spouse of any citizen and resident of this State who has had or shall hereafter have active service in time of war or of other emergency as so defined in any branch of the Armed Forces of the United States and who died or shall die while on active duty in any branch of the Armed Forces of the United States, or who has been or may hereafter be honorably discharged or released under honorable circumstances from active service in time of war or of other emergency as so defined in any branch of the Armed Forces of the United States shall be entitled, during her widowhood or his widowerhood, as the case may be, and while a resident of this State, to the deduction or cancellation in this paragraph provided in honorably discharged veterans and to such further deductions as from time to time may be provided by law.

(cf: Article VIII, Section I, paragraph 3 amended effective December 2, 1999)

 

     2.    When this proposed amendment to the Constitution is finally agreed to pursuant to Article IX, paragraph 1 of the Constitution, it shall be submitted to the people at the next general election occurring more than three months after the final agreement and shall be published at least once in at least one newspaper of each county designated by the President of the Senate, the Speaker of the General Assembly and the Secretary of State, not less than three months prior to the general election.

 

     3.    This proposed amendment to the Constitution shall be submitted to the people at that election in the following manner and form:

     There shall be printed on each official ballot to be used at the general election, the following:

     a.     In every municipality in which voting machines are not used, a legend which shall immediately precede the question as follows:

     If you favor the proposition printed below make a cross (X), plus (+), or check (a) in the square opposite the word "Yes." If you are opposed thereto make a cross (X), plus (+) or check (a) in the square opposite the word "No."

     b.    In every municipality the following question:


 

 

 

CONSTITUTIONAL AMENDMENT TO INCREASE THE AMOUNT OF THE PROPERTY TAX DEDUCTION TO VETERANS

 

YES

Do you approve the amendment to Article VIII, Section I, paragraph 3 of the State Constitution, agreed to by the Legislature, that would increase, from $250 to $500 over five years, the amount of the annual property tax deduction to veterans?

    

 

INTERPRETIVE STATEMENT

 

NO

 

 

 

 

 

This proposed constitutional amendment would increase the amount of the veterans' property tax deduction, beginning in 2013.   The amount of the deduction is currently $250.  This proposed amendment would increase the amount of the deduction to $300 in 2013, $350 in 2014, $400 in 2015, $450 in 2016, and $500 in 2017 and in each year thereafter.  The amount of the veterans' property tax deduction was last increased in 1999.

 

 

STATEMENT

 

     If approved by the voters of the State, this proposed constitutional amendment would increase the veterans' property tax deduction over a period of five tax years from the current $250 to:  $300 in 2013, $350 in 2014, $400 in 2015, $450 in 2016, and $500 in 2017 and in each year thereafter.  The amount of the veterans' property tax deduction was last increased in 1999, when the amount of the annual deduction was raised from $50 to $250 over four years.

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