JACKSON-With districts already suffering from cuts in state aid, a bill proposed by Assemblymen Ronald Dancer and Ned Thomson seeks to reimburse senior citizens aged 65 or over 50% of their school property tax bill.
“Homestead School Property Tax Reimbursement Act”; provides State reimbursement for 50% of school property taxes paid by seniors, 65 years and older,” the bill is as described.
If passed, the bill would allow qualified seniors making $75,000 or less a homestead rebate refund from the state.
The bill does not allow for any rebates for non-seniors in a state where everyone already pays one of the highest property tax rates in New Jersey.
