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Tentative deal agreed on senior property-tax relief

Seniors would get a 50% credit on property-tax bills, capped at $6,500

Aired 06/19/2023

NJ Spotlight News

Tentative deal agreed on senior property-tax relief

Clip: 6/19/2023 | 1m 14sVideo has Closed Captions

Seniors would get a 50% credit on property-tax bills, capped at $6,500

A tentative framework was reached at the weekend on the controversial "StayNJ" senior property-tax cut plan, with Gov. Phil Murphy and Democratic legislative leaders still ironing out the details. According to a Murphy administration official, residents age 65 and older would get a 50% credit on property-tax bills, capped at $6,500; that’s down from an initial proposal of $10,000.

Aired 06/19/2023

NJ Spotlight News is a local public television program presented by THIRTEEN PBS

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