ASSEMBLY HOUSING COMMITTEE

STATEMENT TO

ASSEMBLY, No. 1672

STATE OF NEW JERSEY

DATED:  MAY 13, 2024

      The Assembly Housing Committee reports favorably Assembly Bill No. 1672.

      This bill would make disabled persons who receive disability payments pursuant to federal Railroad Retirement Act, (45 U.S.C. s. 231 et seq.), eligible to receive a homestead property tax reimbursement.

      Under current law, only disabled persons who receive monetary payments pursuant to Title II of the federal Social Security Act (42 U.S.C. s.401 et seq.) are eligible to receive a homestead property tax reimbursement.

      This bill was prefiled for introduction in the 2024-2025 session pending technical review.  As reported, the bill includes the changes required by technical review, which has been performed.