Homestead School Prop Tax Reimbursement Act-St reimb 50% taxes paid by seniors
“Homestead School Property Tax Reimbursement Act”; provides State reimbursement for 50% of school property taxes paid by seniors, 65 years and older.
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“Homestead School Property Tax Reimbursement Act”; provides State reimbursement for 50% of school property taxes paid by seniors, 65 years and older.
Increases, from 18 percent to 30 percent, amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments.
Requires COAH to administer affordable housing obligations of municipalities based on statewide obligation.
Addresses certain landlord expenses in response to COVID-19 pandemic; appropriates $300 million.
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