
the staff of the Ridgewood blog
Trenton NJ, Senator Declan O’Scanlon is warning that Governor Murphy’s proposal to replace two tax rebate programs (the longstanding Homestead Rebate Program and the “middle class rebate program” created last year) with a new “ANCHOR” rebate will reduce existing renters’ rebates by up to 50 percent, meaninglessly increase total funding for rebates, and won’t be distributed for 13 months (until May of 2023).