Office of the State Treasurer

NEWS RELEASE

FOR IMMEDIATE RELEASE
CONTACT: Kathy Hennessy 
May 20, 2005
(609) 984-7110
Rebate Deadlines Extended to August 15

 TRENTON _ State Treasurer John E. McCormac and Division of Taxation Director Robert K. Thompson announced today that the deadline for seniors and disabled homeowners to file 2004 FAIR homeowner rebate applications has been extended to
August 15.

 The deadline for filing a 2004 Senior Freeze (Property Tax Reimbursement) application has also been extended to August 15. The original due date for both applications was June 1.

 “We are extending the filing deadline for both of these programs to ensure that all eligible senior and disabled homeowners have ample time to apply for much-needed property tax relief,” McCormac said.

 The FAIR rebate program was created last year by merging the NJ SAVER and Homestead rebate programs. Under Acting Gov. Richard J. Codey’s proposed budget for FY 2006, the FAIR Program was suspended this year for non-senior and non-disabled residents. As a result, the April mailing of 2004 FAIR homeowner rebate applications was limited to senior and disabled residents. However, once the State budget for the upcoming fiscal year is finalized and updated revenues are taken into account, Acting Gov. Codey said additional applications may be sent out with appropriate timelines for completion.

 Homeowners who are 65 or older or disabled and have received a FAIR rebate application but have not yet filed can file by phone by calling 1-877-658-2972, or they can file online at www.state.nj.us/treasury/taxation, 24 hours a day, 7 days a week.

 Homeowners aged 65 or older or disabled with questions about the FAIR homeowner rebate, or who have not received a 2004 application and believe they are eligible, should call the FAIR Homeowner Rebate Hotline at 1-888-238-1233. Taxation agents are available from 8:30 a.m. to 4:30 p.m. Monday through Friday.

 Under the Senior Freeze Program, senior citizen and disabled homeowners are reimbursed by the State for the difference between the amount of local property taxes paid in “the base year” (the year they became eligible and first filed for the program) and the amount of property taxes paid for the reimbursement year. In addition to satisfying ownership and residency requirements, an applicant must meet income limits as well. Income eligibility thresholds increased this year from $40,028 to $40,869 for single applicants and from $49,082 to $50,113 for married applicants. Filers must continue to meet all eligibility requirements and must file an application each year to receive the reimbursement.

 For more information on the 2004 Senior Freeze (Property Tax Reimbursement) Program, or to obtain an application, contact the Property Tax Reimbursement Hotline at 1-800-882-6597 from 8:30 a.m. to 4:30 p.m. Monday through Friday. Information about the Program is also available on the Division of Taxation’s Web site at www.state.nj.us/treasury/taxation/propfrez.htm.

 Because of the time needed to process both the FAIR and Senior Freeze applications, eligible applicants who file applications for either of these benefits after the original June 1 deadline may not receive their checks in the initial mailings. The Senior Freeze checks are currently scheduled to be mailed mid-July and the FAIR rebate checks are currently scheduled to be mailed in early August. Checks for applicants who file between June 1st and August 15 will be issued as quickly as possible.

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