According to mycentraljersey.com, property tax relief rebate checks may not go out for quiet a while, perhaps not until next Spring of 2023 per the Treasury Department.
The news comes just a little over a week since Governor Murphy signed legislation for a $50.6 billion budget that included $2 billion in tax relief. However the process for those who need the money will take longer. As mycenteraljersey points out, by the time the checks could arrive next spring, it will be six months out from the 2023 election where all 120 legislative seats are on the ballot.
Republicans criticized the rebates as a “gimmick” that won’t reach households until next year.
Phil Murphy said his property tax relief plan offers money that people need "right now." But checks may not go out until 2023. https://t.co/mGYUE9MBha— MyCentralJersey (@MyCentralJersey) July 5, 2022
Murphy said focusing on the timing of the tax relief checks is looking at the situation with the glass half empty.
“We’re doing three things that no one thought could be done at the same time: historic affordability relief, historic investment in our future, and all the while being fiscally responsible, including a surplus that borders on $6.8 billion,” Murphy says.
The ANCHOR program would replace and expand the state’s Homestead rebate for seniors, people with disabilities and low-income homeowners.