The New Jersey Senate passed a measure to make disabled persons who receive disability payments under the federal Railroad Retirement Act eligible for a homestead property tax reimbursement.
Lawmakers passed S-1285 in a 35-0 vote.
“With rising housing costs across the State, it is extremely important that we do everything we can to help seniors stay in their homes,” state Sen. James Beach, D-Camden/Burlington, said in a statement. “By clarifying existing statute, we can ensure that approximately three hundred New Jersey seniors who collect railroad disability benefits also receive the Senior Freeze tax reimbursement that they are entitled to.”
Under current law, disabled individuals who receive monetary payments through Social Security Disability Insurance can receive a homestead property tax reimbursement under the Senior Freeze Program. Since federal awards are often more generous, eligible beneficiaries for both disability benefits typically only receive combined payments through the Railroad Retirement Board. As a result, current law excludes seniors who would otherwise qualify for State relief.
“Disabled seniors who are Railroad Retirement Act beneficiaries were never intended to be excluded from Senior Freeze,” state Sen. Raj Mukherji, D-Hudson, said in a release. “Given the challenge of grappling with rising property taxes and housing costs, it’s only fair that we extend property tax relief to these seniors and help them stay in their homes.”
Under the bill, the program’s eligibility requirements would be clarified to allow individuals receiving disability payments from the federal Railroad Retirement Act to be eligible for the Senior Freeze program.
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