The proposed resolution seeks to amend the New Jersey Constitution to allow municipalities to grant a partial property tax exemption for the primary residences of certain volunteer first responders, specifically active members of volunteer fire companies or first aid/rescue squads. The amendment would enable municipalities to provide an exemption of up to 10% of the assessed value of the residential property owned by these volunteers, thereby reducing their property tax burden. However, it is important to note that the state would not be obligated to reimburse municipalities for any lost tax revenue resulting from this exemption.

If the amendment is approved by the legislature, it will be presented to voters in the next general election, with the details published in local newspapers beforehand. The ballot will include a clear question for voters to indicate their support or opposition to the proposed amendment. This initiative aims to recognize and support the contributions of volunteer first responders by alleviating some of their financial responsibilities related to property taxes.