New Jersey legislation · 2026-2027 Regular Session
New Jersey A4674: Homestead property tax reimbursement-revises criteria to establish base year
Status: In committee, March 10, 2026
Revises criteria to establish base year for homestead property tax reimbursement after relocation.
What the bill says
An Act concerning the base year for a homestead property tax reimbursement and amending P.L.1997, c.348.
From the introduced text, March 10, 2026:
An Act concerning the base year for a homestead property tax reimbursement and amending P.L.1997, c.348. Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. Section 1 of P.L.1997, c.348 (C.54:4-8.67) is amended to read as follows: 1. As used in P.L.1997, c.348 (C.54:4-8.67 et seq.): "Base year" means, in the case of a person who is an eligible claimant on or before December 31, 1997, the tax year 1997; and in the case of a person who first becomes an eligible claimant after December 31, 1997, the tax year in which the person first becomes an eligible claimant. In the case of an eligible claimant who subsequently moves from the homestead for which the initial eligibility was established, the base year shall be the first full tax [ADDED: year prior to the] year during which the person resides in the new homestead. [Provided however, a base year for an eligible claimant after such a move shall not apply to tax years commencing prior to January 1, 2009.] [ADDED: If the current homestead constitutes new construction, then the base year shall be deemed to be the first full tax year following completion of the new construction.] In the case of an eligible claimant who receives a Stay NJ property tax credit in lieu …
Sponsors
- Donald A. Guardian (R, 2) · primary sponsor
- Sean T. Kean (R, 30)
Latest actions
- : INT 1RA REF ASL
Subjects: TAXATION - PROPERTY TAX
Common questions
- What is A4674?
- A4674 is a bill in the New Jersey Legislature (2026-2027 Regular Session): Homestead property tax reimbursement-revises criteria to establish base year.
- What does A4674 do?
- In its own words: An Act concerning the base year for a homestead property tax reimbursement and amending P.L.1997, c.348.
- What is the status of A4674?
- In committee as of March 10, 2026. Latest action: INT 1RA REF ASL (March 10, 2026).
- Who sponsored A4674?
- Donald A. Guardian (R, 2), with 1 co-sponsor.
- Where is the official record for A4674?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/A4674
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.