Tax-Credit Tally: Which Made it Into the Budget? Which Were a No-Show?

njspotlightnews.org

The new budget — the largest in state history — earmarks roughly $2 billion for direct property-tax-relief credits. That’s a level of funding for such relief benefits that hasn’t been seen in over a decade in New Jersey.

Other so-called affordability measures funded through fiscal year 2023 budget will result in additional savings, including for those buying many “back to school” items over a 10-day period later this summer.