Bill Text: NJ A2981 | 2018-2019 | Regular Session | Introduced
Bill Title: Extends deadline to file homestead property tax reimbursement application for applicants who receive an income tax filing extension.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2018-02-08 - Introduced, Referred to Assembly State and Local Government Committee [A2981 Detail]
Download: New_Jersey-2018-A2981-Introduced.html
Sponsored by:
Assemblyman ANTHONY M. BUCCO
District 25 (Morris and Somerset)
SYNOPSIS
Extends deadline to file homestead property tax reimbursement application for applicants who receive an income tax filing extension.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning the deadline to file a homestead property tax reimbursement application and amending P.L.1997, c.348.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Section 3 of P.L.1997, c.348 (C.54:4-8.70) is amended to read as follows:
3. An application for a homestead property tax reimbursement hereunder shall be filed with the director annually on or before June 1 of the year following the year for which the claim is being made and shall reflect the prerequisites for a homestead property tax reimbursement on December 31 of the tax year for which the claim is being made; provided, however, that the director may, by rule, designate a later date as the date by which the application shall be filed or waive the requirement for filing an annual application for any year or years subject to any limitations and conditions the director may deem appropriate; and provided further that a homestead property tax reimbursement application of an applicant who has received an extension to file their income taxes for the year for which the claim is being made shall be considered timely filed if received by the director on or before the 60th day following the extended income tax filing deadline. The application shall be on a form prescribed by the director and provided for the use of applicants hereunder. Each applicant making a claim for a homestead property tax reimbursement under [this act] P.L.1997, c.348 (C.54:4-8.67 et seq.) shall provide, if required by the director, to the director a copy of his or her current year property tax bill or current year site fee bill on the homestead constituting that person's principal residence and a copy of his or her property tax bill for the base year or site fee bill for the base year on the same homestead, or other equivalent proof as permitted by the director.
It shall be the duty of every eligible claimant to inform the director of any change in his or her status or homestead which may affect his or her right to continuance of the homestead property tax reimbursement.
If an eligible claimant receives an additional homestead property tax reimbursement to which the claimant was not entitled or greater than the reimbursement to which the claimant was entitled, the director shall permit the claimant to enter into an installment payment agreement for a reasonable period of time that will enable the claimant to completely satisfy the amount of the reimbursement paid to which the claimant was not entitled. If the claimant does not enter into an installment payment agreement, the director may, in addition to all other available legal remedies, offset such amount against a gross income tax refund or amount due pursuant to P.L.1990, c.61.
(cf: P.L.2017, c.207, s.3)
2. This act shall take effect immediately.
STATEMENT
This bill would extend the deadline to file an application for a homestead property tax reimbursement for those applicants who have received an extension to file their income taxes. Under the bill, these applicants would be able to file their homestead property tax reimbursement applications up until the 60th day following their new income tax filing deadline. This would allow eligible property taxpayers who need more time to finalize their accounting of the applicable year's income additional time in which to file for a homestead property tax reimbursement in the event it is ultimately determined that they are in fact eligible for it that year.
