New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A2735

Introduced
1/9/24  

Caption

Increases from $750 to $3,000 annual State payment made to certain veterans and their surviving spouses.

Impact

The proposed financial increase will greatly benefit veterans and their families who depend on this support. Currently, 207 individuals are receiving this benefit, and the change will directly enhance their quality of life. The adjustment reflects an acknowledgment of the challenges these veterans face as a result of their service, including ongoing healthcare costs and the general expenses associated with their disabilities. The increase is intended to provide broader economic stability and more adequate assistance to those in need.

Summary

Bill A2735 seeks to significantly increase the annual state payment made to certain disabled veterans and their surviving spouses from $750 to $3,000. This legislation is aimed at providing greater financial support to veterans who have sustained severe service-connected injuries, such as total loss of sight or serious paralysis. It recognizes the sacrifices made by those who have served in the military and aims to ensure that their needs, particularly for those who are significantly disabled, are better met by the state.

Contention

While there appears to be a general consensus on the need to support veterans, debates may arise around the method of funding this increase. Concerns could be raised regarding budgetary constraints and the implications of reallocating state funds to accommodate this increase. Critics may question whether a sustainable financial framework exists to support such an increase over the long term, especially as increasing numbers of veterans require assistance.

Final_note

As A2735 progresses through the legislative process, it will be vital for stakeholders and the general public to engage in discussions regarding the implications of this change, ensuring that the needs of veterans and the financial health of the state are balanced effectively.

Companion Bills

NJ S1333

Same As Increases from $750 to $3,000 annual State payment made to certain veterans and their surviving spouses.

NJ S591

Carry Over Increases from $750 to $3,000 annual State payment made to certain veterans and their surviving spouses.

NJ A3386

Carry Over Increases from $750 to $3,000 annual State payment made to certain veterans and their surviving spouses.

Previously Filed As

NJ A642

Increases from $750 to $3,000 annual State payment made to certain veterans and their surviving spouses.

NJ S858

Increases from $750 to $3,000 annual State payment made to certain veterans and their surviving spouses.

NJ A2806

Makes annual compensation paid to surviving spouses of certain blind or disabled veterans payable from date of veteran's death.

NJ S1553

Makes annual compensation paid to surviving spouses of certain blind or disabled veterans payable from date of veteran's death.

NJ A2651

Provides gross income tax deduction to surviving spouses of certain veterans.

NJ ACR36

Proposes constitutional amendment to increase amount of annual veterans' property tax deduction from $250 to $1,250.

NJ S1854

Exempts certain surviving spouses and surviving civil union partners of certain disabled veterans from components of the realty transfer fee.

NJ A233

Exempts certain surviving spouses and surviving civil union partners of certain disabled veterans from components of the realty transfer fee.

NJ A1954

Allows gross income tax deduction for surviving spouses of certain veterans.

NJ S1890

Allows gross income tax deduction for surviving spouses of certain veterans.

Similar Bills

No similar bills found.