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A05285 Summary:
| BILL NO | A05285 |
| SAME AS | SAME AS S00619 |
| SPONSOR | Galef |
| COSPNSR | Paulin, Cahill, Gunther, Jaffee, Lifton, Rivera, Zebrowski, Schimel, Abinanti, Kolb, Finch, Giglio, McDonough, Mosley, Skartados, Montesano, DiPietro, Graf, Walter, Corwin, Stec |
| MLTSPNSR | Barclay, Duprey, Garbarino, Hawley, Ra, Raia, Saladino, Sepulveda, 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. | |