New Jersey Governor Signs Law Concerning Stay NJ Property Tax Benefit Program

The New Jersey Governor signed a law concerning the Stay NJ property tax benefit program and amending and supplementing various statutes. The law amends and supplements statutes concerning the homestead property tax benefit program, the homestead property tax reimbursement program, and the Stay NJ property tax credit program. The statutes controlling the homestead property tax benefit program also provide statutory authority for the Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) Property Tax Relief Program. The law changes these statutes to align the various administrative and eligibility requirements methods for these programs to provide for the efficient implementation of ...