The bill mandates the Division of Taxation to implement a public awareness campaign for various property tax relief programs, including the ANCHOR program and the Homestead Property Tax Reimbursement program. This campaign is required to provide comprehensive information on eligibility, application processes, and available resources. Additionally, the bill establishes a call center staffed by Division employees or contractors to assist individuals with navigating the website, submitting applications, and resolving issues related to these programs. The call center must be located within the state and provide services in English and the three most commonly spoken languages in New Jersey.

The Office of Legislative Services (OLS) has determined that the bill will lead to indeterminate annual cost increases for the state due to the establishment of the public awareness campaign and call center. However, the exact costs cannot be estimated as the bill lacks specific operational parameters. Factors influencing costs include the scope of media placements for the campaign and the staffing and technology needs of the call center. The OLS also notes that there may be marginal administrative cost increases related to annual reporting for the Stay NJ Task Force. Overall, the fiscal impact will depend on the implementation decisions made by the Division of Taxation.

Statutes affected:
Introduced: 54:4-8.75