[Adopted 3-20-2017 by Ord. No. 2017-1]
Pursuant to N.J.S.A. 54:4-3.32 Return of certain taxes collected on exempt property; the governing body of each municipality, by appropriate resolution, may return all taxes collected on property which would have been exempt had proper claim in writing been made therefor in the manner provided by P.L. 1948, c. 259 (N.J.S.A. 54:4-3.30 et seq.). The governing body of each municipality, by appropriate resolution, may also return to the veteran or the veteran's surviving spouse all property tax payments made since the time of the veteran's actual disability or since the time of the veteran's death. No refunds shall be made under this section for any year or portion thereof prior to the effective date of P.L. 1948, c. 259.
The following criteria shall be used when approving an application for a totally disabled veteran exemption:
A. 
The amount of any cancellation of property taxes collected (to be refunded to approved applicant) or property taxes due (to be credited to approved applicant in the event property taxes on the dwelling house have not yet been collected) will be calculated from the later of the two following dates.
(1) 
Date of the applicant's property's deed; or
(2) 
Department of Veteran's Affairs 100% permanent/total disability effective date as issued to the applicant in writing.
B. 
In no event will any cancellation be approved for property taxes collected or due for any period prior to January 1 of the year in which a completed application has been submitted to the Borough of Palmyra.