S1759 — Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals.

S1759 — Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals. · Informed CitizenrySenate Bill 1759 aims to modify how New Jersey residents can deduct and receive credits related to paying local property taxes, especially for those who are renting their homes. Currently, the bill…Open in Informed Citizenry