New Jersey Assembly Bill 2656: Increases, from 18 percent to 30 percent, amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments.

New Jersey · 2026-2027 Regular Session

What it does

Increases, from 18 percent to 30 percent, amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments.

Latest action

Introduced, Referred to Assembly State and Local Government Committee (2026-01-13)

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