New Jersey A 273: Permits police departments to donate unclaimed bicycles to nonprofit organizations.

Bill Text

A273 

ASSEMBLY, No. 273 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Assemblyman PAUL KANITRA

District 10 (Monmouth and Ocean)

Assemblyman GREGORY P. MCGUCKIN

District 10 (Monmouth and Ocean)

SYNOPSIS

���� Requires State reimbursement to municipalities of 
cost of disabled veterans' total property tax exemption.

CURRENT VERSION OF TEXT 

���� Introduced Pending Technical Review by Legislative 
Counsel.

�� 

An Act 
concerning the disabled veterans' total property tax exemption and amending 
R.S.54:4-52 and supplementing chapter 4 of Title 54 of the Revised Statutes.

���� Be It Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.��� (New section)� The State 
shall annually reimburse each taxing district in an amount equal to 102 percent 
of the amount of any disabled veterans' total property tax exemptions permitted 
by that taxing district in the current tax year pursuant to section 1 of 
P.L.1948, c.259 (C.54:4-3.30).

���� 2.��� (New section)� On or 
before June 1 of each year, each tax assessor shall certify to the county tax 
board the number of disabled veterans receiving the veterans'� total property 
tax exemption provided for in section 1 of P.L.1948, c.259 (C.54:4-3.30), and 
the total amount of all such exemptions.

���� On or before June 15 of each 
year, each county board of taxation shall, on a form prescribed by the 
director, certify to the director from the tax lists certified with it for each 
taxing district for the current tax year the following:

���� a.���� Number of disabled 
veterans' total property tax exemptions allowed for the current tax year;

���� b.��� Total dollar amount of 
disabled veterans' total property tax exemptions allowed for the current tax 
year;

���� c.���� Separately, the number 
and dollar amount of disabled veterans' total property tax exemptions allowed 
or disallowed, as certified by the tax collector, from the time of 
certification made the previous year and prior to certification for the current 
year;

���� d.��� The totals for a., b., 
and c. above, by district and for the county as a whole.

���� 3.��� (New section)� For each 
year, each county board of taxation shall include in the table of aggregates 
prepared pursuant to R.S. 54:4-52 the full estimated amount of the disabled 
veterans' total property tax exemptions as provided for in section 1 of P.L.1948, 
c.259 (C.54:4-3.30), but that amount shall not be included in the total on 
which the tax rate is to be computed.

���� 4.��� R.S.54:4-52 is amended 
to read as follows:

���� 54:4-52.����� The county board 
of taxation shall, on or before May 20, fill out a table of aggregates copied 
from the duplicates of the several assessors and the certifications of the 
Director of the Division of Taxation relating to second-class railroad 
property, and enumerating the following items:

���� (1)�� The total number of 
acres and lots assessed;

���� (2)�� The value of the land 
assessed;

���� (3)�� The value of the 
improvements thereon assessed;

���� (4)�� The total value of the 
land and improvements assessed, including:

���� a.���� Second-class railroad 
property;

���� b.��� All other real property.

���� (5)�� The value of the 
personal property assessed, stating in separate columns:

���� a.���� Value of household 
goods and chattels assessed;

���� b.��� Value of farm stock and 
machinery assessed;

���� c.���� Value of stocks in 
trade, materials used in manufacture and other personal property assessed under 
section 54:4-11;

���� d.��� Value of all other 
tangible personal property used in business assessed.

���� (6)�� Deductions allowed, 
stated in separate columns:

���� a.���� Household goods and 
other exemptions under the provisions of section 54:4-3.16 of this Title;

���� b.��� Property exempted under 
section 54:4-3.12 of this Title.

���� (7)�� The net valuation 
taxable;

���� (8)�� Amounts deducted under 
the provisions of sections 54:4-49 and 54:4-53 of this Title or any other 
similar law (adjustments resulting from prior appeals);

���� (9)�� Amounts added under any 
of the laws mentioned in subdivision 8 of this section (like adjustments);

���� (10) Amounts added for 
equalization under the provisions of sections 54:3-17 to 54:3-19 of this Title;

���� (11) Amounts deducted for 
equalization under the provisions of sections 54:3-17 to 54:3-19 of this Title;

���� (12) Net valuation on which 
county, State and State school taxes are apportioned;

���� (13) The number of polls 
assessed;

���� (14) The amount of dog taxes 
assessed;

���� (15) The property exempt from 
taxation under the following special classifications:

���� a.���� Public school property;

���� b.��� Other school property;

���� c.���� Public property;

���� d.��� Church and charitable 
property;

���� e.���� Cemeteries and 
graveyards;

���� f.���� Other exemptions not 
included in foregoing classifications su