top of page
Search

Why NJ Property-Tax Relief is Never a Sure Thing

June 10, 2024 | njspotlightnews.org









Credit: Image by Oleksandr Pidvalnyi from Pixabay




Sprinkled throughout a lengthy task force report detailing ways to enhance state-funded property-tax relief, including programs for senior citizens, is the phrase “subject to appropriation.” 


While easy to dismiss it as budget jargon, the phrase serves as an important reminder that the state’s most popular relief programs operate on a year-to-year basis and depend on the level of funding approved each year by the governor and lawmakers.


Read More: Click Here


 

NJ SEED: Virtually every NJ SEED member is impacted in some way by the convoluted and ever expanding programs that operate under the name of property tax relief. In the nearly five decades since first introduced Property Tax Rebates sent to NJ homeowners during Brendan Byrne’s campaign for reelection as governor, property tax relief programs have greatly expanded. Current law contains some tricky language that suggests those anticipating property tax relief checks would be well advised not to spend the money until checks are received and cashed.

0 views0 comments

Comments


bottom of page