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 over the age of 65 or those under 65 who are permanently and totally disabled can receive a property tax deduction, but only if their income does not exceed the specified limit, which includes various forms of income but excludes Social Security benefits. The amendment aims to allow veterans receiving disability payments from the United States Veterans Administration (USVA) due to service-connected disabilities to qualify for this property tax deduction, even if their total income exceeds the current threshold.

If the amendment is approved by the voters, it would provide financial relief to eligible veterans by ensuring that their disability income does not count against the income limit for property tax deductions. The resolution outlines the process for submitting the amendment to the public for a vote in the next general election, including the requirement for public notice in local newspapers. This change is intended to support veterans and enhance their financial stability by making property tax deductions more accessible to them.