Proposes constitutional amendment authorizing municipalities to provide partial property tax exemption of up to 15 percent of assessed value for primary residence of certain volunteer first responders.
Impact
Should ACR110 be passed and subsequently approved by voters, it will require the New Jersey Legislature to enact a law facilitating this exemption by permitting municipalities to adopt corresponding ordinances. Each municipality would have the autonomy to choose whether to implement such an exemption and decide the specific percentage or terms, within the upper limit of 15 percent of the home's assessed value. This legislation could provide substantial monetary relief for volunteer first responders, enhancing their ability to maintain their primary residences while serving the community.
Summary
ACR110 proposes an amendment to the New Jersey Constitution that would allow municipalities to grant a partial property tax exemption of up to 15 percent on the assessed value of homes owned by certain volunteer first responders. Specifically, the exemption would apply to active members of volunteer fire departments or volunteer first aid and rescue squads, providing them with a financial benefit linked directly to their service to the community. The amendment aims to recognize and support the dedication of these volunteers, highlighting their roles in ensuring public safety.
Contention
While supporters of ACR110 advocate for the acknowledgment of the contributions made by volunteer responders, some concerns may arise regarding the implications for municipal budgets and property tax revenues. Opponents may argue that allowing municipalities discretion in offering tax exemptions could lead to disparities in how different communities support their volunteers, potentially creating inequities. Considerations on how this amendment might affect funding for essential services due to reduced tax revenues are critical points for discussion during the legislative process.
Same As
Proposes constitutional amendment authorizing municipalities to provide partial property tax exemption of up to 15 percent of assessed value for primary residence of certain volunteer first responders.
Proposes constitutional amendment authorizing municipalities to provide partial property tax exemption of up to 15 percent of assessed value for primary residence of certain volunteer first responders.
Proposes constitutional amendment authorizing municipalities to provide partial property tax exemption of up to 15 percent of assessed value for primary residence of certain volunteer first responders.
Proposes constitutional amendment authorizing municipalities, by ordinance, to provide partial property tax exemption on primary residence of certain volunteer first responders.
Proposes constitutional amendment authorizing municipalities, by ordinance, to provide partial property tax exemption on primary residence of certain volunteer first responders.
Proposes constitutional amendment authorizing municipalities to provide partial property tax exemption to certain first responders disabled as result of World Trade Center recovery medical condition.
Proposes constitutional amendment authorizing municipalities to provide partial property tax exemption to certain first responders disabled as result of World Trade Center recovery medical condition.
Proposes constitutional amendment to provide property tax exemption of 50 percent of assessed value for primary residence of police officer or firefighter who suffers a line of duty injury that qualifies for accidental disability pension.
Proposes constitutional amendment to provide property tax exemption for primary residence owned and occupied by surviving spouse of first responder who dies in line of duty.
Proposes constitutional amendment to provide property tax exemption for primary residence owned and occupied by surviving spouse of first responder who dies in line of duty.
Proposes constitutional amendment requiring Legislature to enact statute authorizing $200 property tax credit for primary residence of volunteer firefighter or first aid squad member.
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
(Constitutional Amendment) Provides for the election of constitutional convention delegates and vote requirements necessary for the adoption of a new constitution (RR SEE FISC NOTE GF EX)
(Constitutional Amendment) Modifies disposition of certain state revenues through repeal of the Revenue Stabilization Trust Fund and deposits of certain revenue streams into the Budget Stabilization Fund (RRF INCREASE GF RV See Note)
(Constitutional Amendment) Provides relative to the application of state monies to the unfunded accrued liability of the Teachers' Retirement System of La. (EN DECREASE SD RV See Note)
Proposing An Amendment To Article Xvii, Section 3 Of The Hawaii Constitution To Specify That The Standard For Voter Approval Of A Constitutional Amendment Proposed By The Legislature Is A Majority Of All The Votes Tallied Upon The Question.