New Jersey residents voted to extend the $250 property tax deduction that veterans receive to continuing care retirement centers on behalf of the veterans living there and require the retirement centers to pass the value of the deduction on to veterans in the form of credits or payments. The vote was 76% to 24%.
As of 2019, veterans who were honorably discharged or released under honorable circumstances were eligible to receive a $250 deduction from their property tax bill in New Jersey. Surviving spouses of honorably discharged veterans who are deceased or soldiers who died on active duty during war could also claim the deduction.
Question 1 extends the $250 property tax deduction that veterans receive to continuing care retirement centers on behalf of the veterans living there. The ballot measure requires the continuing care retirement center to provide the $250 to an eligible veteran, or an eligible surviving spouse of a veteran or soldier, as a payment or credit. Continuing care retirement centers that are tax-exempt are ineligible to receive the deductions under the measure.
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