The proposed resolution seeks to amend the New Jersey Constitution to allow municipalities to offer a partial property tax exemption of up to 15 percent of the assessed value for the primary residences of certain volunteer first responders. This exemption would be available to active members of volunteer fire companies or volunteer first aid and rescue squads that serve the municipality. Each municipality would have the authority to enact an ordinance to implement this exemption, determining whether to provide it and the specific percentage, as long as it does not exceed 15 percent.

If the amendment is approved by voters in a future general election, the New Jersey Legislature would be required to pass a law to facilitate this exemption. The proposed amendment emphasizes that eligibility is contingent upon the volunteer first responder being an active member of a qualifying organization and that the property in question must serve as their primary residence within the municipality they serve. The resolution outlines the process for presenting this amendment to voters, including the necessary publication and ballot language.