New Jersey legislation · 2026-2027 Regular Session
New Jersey A5093: ANCHOR property tax benefit-make permanent addl $250 for certain senior citizens
Status: In committee, May 14, 2026
Makes permanent additional $250 ANCHOR property tax benefit for certain senior citizen homeowners and tenants.
What the bill says
An Act concerning the ANCHOR Property Tax Relief Program and amending P.L.2023, c.75.
From the introduced text, May 14, 2026:
An Act concerning the ANCHOR Property Tax Relief Program and amending P.L.2023, c.75. Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. Section 15 of P.L.2023, c.75 (C.54:4-8.61a) is amended to read as follows: 15. a. In addition to the property tax benefits paid under the ANCHOR Property Tax Relief Program to eligible homestead owners and tenants on their principal residences, whether owned or rented, pursuant to the provisions of sections 3 or 4 of P.L.1990, c.61 (C.54:4-8.59 or C.54:4-8.60) as amended, [the State Fiscal Year 2024] [ADDED: each annual] appropriations act shall provide for the following additional benefits under the ANCHOR Property Tax Relief Program: (1) a resident homestead owner 65 years of age or older with gross income not in excess of $250,000 for the tax year that is used to determine such resident homestead owner's eligibility for the ANCHOR Property Tax Relief Program is eligible for an additional benefit in the amount of $250; provided, however, the total benefits received by such resident homestead owner under the ANCHOR Property Tax Relief Program and this section shall not exceed the amount of property taxes paid by such resident homestead owner; and (2) a resident 65 years of age or older whose homestead is a unit of residential rental property with gross …
Sponsors
- Brian E. Rumpf (R, 9) · primary sponsor
- Gregory E. Myhre (R, 9) · primary sponsor
- Dawn Fantasia (R, 24)
- Gerry Scharfenberger (R, 13)
- Sean T. Kean (R, 30)
- Victoria A. Flynn (R, 13)
Latest actions
- : INT 1RA REF ASL
Subjects: TAXATION - PROPERTY TAX, SENIOR CITIZENS
Common questions
- What is A5093?
- A5093 is a bill in the New Jersey Legislature (2026-2027 Regular Session): ANCHOR property tax benefit-make permanent addl $250 for certain senior citizens.
- What does A5093 do?
- In its own words: An Act concerning the ANCHOR Property Tax Relief Program and amending P.L.2023, c.75.
- What is the status of A5093?
- In committee as of May 14, 2026. Latest action: INT 1RA REF ASL (May 14, 2026).
- Who sponsored A5093?
- Brian E. Rumpf (R, 9), with 5 co-sponsors.
- Where is the official record for A5093?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/A5093
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.