NJ S3559

Creates a New Jersey gross income tax credit for totally and permanently disabled veterans equal to 18% of rent paid (the portion considered property taxes) on their principal residence

Eligible veterans must have been honorably discharged and declared by the VA to have 100% permanent service-connected disability from conditions including paraplegia, total blindness, amputation of both arms/legs/hands/feet, or other qualifying disabilities

Surviving spouses of eligible disabled veterans or veterans who died in active wartime service may claim the same credit during their widowhood/widowerhood while remaining New Jersey residents

Credit is refundable—if it exceeds tax owed, the excess is refunded as an overpayment; veterans not subject to income tax may apply separately for the refund

Takes effect for taxable years beginning January 1 following enactment