The proposed resolution seeks to amend the New Jersey Constitution to exclude military disability income from the $10,000 income limit that determines eligibility for property tax deductions for senior citizens and disabled persons. Currently, individuals aged 65 and older, or those under 65 who are permanently and totally disabled, can receive a property tax deduction if their income falls below a specified threshold. However, this income limit includes various forms of benefits, which can disqualify many veterans receiving disability payments from the United States Veterans Administration (USVA) due to service-connected disabilities.

If approved, this amendment would allow veterans receiving USVA disability income to be exempt from the income calculation for the property tax deduction, thereby enabling more senior citizens and disabled individuals to qualify for this financial relief. The resolution outlines the process for submitting the amendment to voters in the next general election, ensuring that it is publicized adequately prior to the vote. This change aims to provide additional support to veterans and enhance their financial stability in retirement.