Proposes constitutional amendment to increase amount of veterans' property tax deduction from $250 to $500 and provide further increases based on increases in Consumer Price Index.

Summary

The bill proposes a constitutional amendment that would double the state property‑tax deduction for veterans from $250 to $500. It also ties any future increases in the deduction to changes in the Consumer Price Index. This change aims to provide greater tax relief to New Jersey veterans as living costs rise.

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