New Jersey legislation · 2026-2027 Regular Session
New Jersey ACR129: Veterans' property tax deduction-increase from $250 to $2,500 over four years
Status: In committee, March 10, 2026
Proposes constitutional amendment to increase amount of veterans' property tax deduction from $250 to $2,500 over four years.
What the bill says
A Concurrent Resolution proposing to amend Article VIII, Section I, paragraph 3 of the New Jersey Constitution.
From the introduced text, March 10, 2026:
A Concurrent Resolution proposing to amend Article VIII, Section I, paragraph 3 of the New Jersey Constitution. Be It Resolved by the General Assembly of the State of New Jersey (the Senate concurring): 1. The following proposed amendment to the Constitution of the State of New Jersey is hereby agreed to: PROPOSED AMENDMENT Amend Article VIII, Section I, paragraph to read as follows: 3. a. Any citizen and resident of this State now or hereafter honorably discharged or released under honorable circumstances from active service in any branch of the Armed Forces of the United States shall be entitled, annually to a deduction from the amount of any tax bill for taxes on real and personal property, or both, including taxes attributable to a residential unit held by a stockholder in a cooperative or mutual housing corporation [in the sum of] [ADDED: . The amount of the deduction shall be] $250 in each tax year [, or if] [ADDED: through tax year 2025, $1,000 in tax year 2026, $1,500 in tax year 2027, $2,000 in tax year 2028, and $2,500 in tax year 2029 and in each tax year thereafter] . If the amount of any such tax bill shall be less than [$250,] [ADDED: the amount of the deduction for the tax year, such a citizen and resident of …
Sponsors
- Carol A. Murphy (D, 7) · primary sponsor
- Jay Webber (R, 26)
- Gerry Scharfenberger (R, 13)
- Al Barlas (R, 40)
- Dawn Fantasia (R, 24)
- Margie Donlon, M.D. (D, 11)
- Brian E. Rumpf (R, 9)
- Anthony Angelozzi (D, 8)
- Gregory E. Myhre (R, 9)
- Victoria A. Flynn (R, 13)
- Gregory P. McGuckin (R, 10)
- Melinda Kane (D, 6)
Latest actions
- : INT 1RA REF AMV
Subjects: TAXATION - PROPERTY TAX, VETERANS AND MILITARY, CONSTITUTIONAL AMENDMENTS
Common questions
- What is ACR129?
- ACR129 is a bill in the New Jersey Legislature (2026-2027 Regular Session): Veterans' property tax deduction-increase from $250 to $2,500 over four years.
- What does ACR129 do?
- In its own words: A Concurrent Resolution proposing to amend Article VIII, Section I, paragraph 3 of the New Jersey Constitution.
- What is the status of ACR129?
- In committee as of March 10, 2026. Latest action: INT 1RA REF AMV (March 10, 2026).
- Who sponsored ACR129?
- Carol A. Murphy (D, 7), with 11 co-sponsors.
- Where is the official record for ACR129?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/ACR129
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.