This bill amends existing legislation to expand eligibility for homestead property tax reimbursement in New Jersey to include disabled persons receiving disability payments under the federal Railroad Retirement Act. Previously, only those receiving payments under Title II of the federal Social Security Act were eligible for this reimbursement. The new legal language specifies that individuals receiving disability payments from the Railroad Retirement Act on December 31 of the relevant year will now qualify for the reimbursement.
The bill modifies the definition of "disabled person" within the context of the homestead property tax reimbursement program to encompass those receiving benefits from the Railroad Retirement Act. This change aims to provide additional financial support to disabled individuals, ensuring they have access to the same property tax relief as those receiving Social Security disability payments. The act is set to take effect immediately upon passage.
Statutes affected: Introduced: 54:4-8.67