New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill ACR42

Introduced
1/9/24  

Caption

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.

Impact

If enacted, ACR42 would amend Article VIII, Section I of the New Jersey Constitution, necessitating the passage of a legislative act to implement the property tax exemption at the municipal level. This change seeks to provide financial relief to first responders who have sacrificed and faced health challenges due to their efforts during a national emergency, affirming their value to the community. However, the bill specifies that the state will not reimburse municipalities for any loss of tax revenue resulting from this exemption, potentially putting financial pressure on local budgets.

Summary

ACR42 proposes a constitutional amendment that allows municipalities in New Jersey to grant a partial property tax exemption to eligible first responders. These individuals must be police officers, firefighters, or emergency medical technicians who have been rendered disabled due to medical conditions resulting from their service at the World Trade Center site following the terrorist attacks on September 11, 2001. The proposed exemption covers the first 15 percent of the assessed value of the residential properties owned and occupied as a primary residence by these individuals.

Contention

The provisions of ACR42 may lead to discussions pertaining to how municipalities balance these new exemptions with their budgets and other funding priorities. Some may argue that while the intention to support disabled first responders is commendable, the financial implications for local governments require careful consideration. Furthermore, questions around the administrative processes for certifying the disabilities related to the World Trade Center response could also spark debate in legislative sessions.

Companion Bills

NJ SCR32

Same As 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.

NJ SCR133

Carry Over 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.

NJ ACR170

Carry Over 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.

Previously Filed As

NJ ACR11

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.

NJ SCR48

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.

NJ ACR31

Proposes constitutional amendment authorizing municipalities, by ordinance, to provide partial property tax exemption on primary residence of certain volunteer first responders.

NJ ACR75

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.

NJ SCR129

Proposes constitutional amendment authorizing municipalities, by ordinance, to provide partial property tax exemption on primary residence of certain volunteer first responders.

NJ SCR64

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.

NJ ACR86

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.

NJ ACR36

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

NJ HJR145

Proposes a constitutional amendment granting property tax exemptions to certain disabled veterans

NJ HJR138

Proposes a constitutional amendment relating to property tax exemptions for certain disabled veterans

Similar Bills

CA SB1352

Property taxation: newly constructed: reconstructed property.

CA AB245

Property taxation: application of base year value: disaster relief.

CA SB1053

Property taxation: transfer of base year value: disaster relief.

CA SB603

An act to amend Section 69 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.

HI HB1398

Relating To Property.

HI HB1398

Relating To Property.

TX HB2011

Relating to the right to repurchase from a condemning entity certain real property for which ad valorem taxes are delinquent.