BILL NO A01941
SAME AS SAME AS S01002
SPONSOR Galef (MS)
COSPNSR Paulin, Cahill, Gunther, Jaffee, Lifton, Rivera, Zebrowski, Schimel,
Kolb, Finch, Giglio, McDonough, Mosley, Skartados, Montesano,
DiPietro, Graf, Walter, Corwin, Abinanti, Stec
MLTSPNSR Barclay, Duprey, Gabryszak, Garbarino, Gibson, Hawley, Jordan, Ra,
Rabbitt, Raia, Saladino, Scarborough, Sepulveda, Sweeney, Thiele
Amd S606, Tax L
Establishes a personal income tax credit for a portion of a taxpayer's
residential real property taxes which exceeds a certain percentage of the
taxpayer's household gross income; provides that the taxpayer shall have
resided in such residential real property for not less than 5 years; provides
that such credit shall not apply to taxpayers who have claimed the real
property tax circuit breaker credit during the taxable year.