For Immediate
Release:
June 23, 2022
Commissioners
support legislation to increase property tax deduction for veterans
ACR31
would increase deduction to $1,000
FREEHOLD, NJ – The
Monmouth County Board of County Commissioners passed a resolution expressing
their strong support of Assembly Concurrent Resolution No. 31 (ACR31), which
proposes a constitutional amendment to increase veterans’ property deduction to
$1,000, at their regular meeting held on June 21.
“Our veterans have given so
much, so giving them a small property tax deduction is the least we can do for
them, especially as we are facing record inflation and the veterans property
tax deduction has not been increased since 2003,” said Commissioner Director
Thomas A. Arnone. “We hope that our state legislators will do the right thing and
move this legislation forward.”
The proposed constitutional
amendment would increase the fixed annual property tax deduction for New Jersey
veterans from $250.00 to $1,000.00 with future deductions to be based on the
annual Consumer Price Index increase, and rounded to the next highest multiple
of $1.00.
“It is imperative that we stand
up for the nearly 40,000 veterans in Monmouth County and the 400,000 veterans
across the State and show them not only our moral support but support that can
improve their quality of life,” said Commissioner Lillian G. Burry, liaison to
Veteran Services. “We cannot repay the debts we owe to our veterans but this would
be a small token of gratitude that they certainly deserve.”
The resolution passed by
the Monmouth County Board of County Commissioners is available in its entirety
on www.visitmonmouth.com.
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