NJSpotlight March 10, 2022 by John Reitmeyer, Budget and Finance Writer
New Jersey’s lowest-income senior and disabled homeowners would get the biggest benefits under the expanded direct property-tax relief program Gov. Phil Murphy is calling on lawmakers to enact later this year. Many renters would become newly eligible for rebates, if lawmakers approve. And lower-income senior and disabled renters would also collect the largest of those checks, according to details provided by the Department of Treasury. Murphy included the property-tax relief proposal in the nearly $49 billion state budget he unveiled to lawmakers earlier this week. Murphy’s proposal would expand income limits and allow more than 1 million homeowners to receive the state-funded relief benefits. READ MORE