NJ Assembly Panel Takes Up Property Tax Reforms
TRENTON, N.J. (AP) – A New Jersey Assembly panel is considering legislation to cut government red tape.
The Environment and Solid Waste Committee is considering five bills Monday that would give cities and towns greater ability to control their costs and therefore ease property taxes.
The bills tackle state-imposed requirements that municipalities have to pay for. One example: A 2006 mandate for security systems for local courts.
The proposals come after Lt. Gov. Kim Guadagno signed an order establishing a permanent red tape review commission and Gov. Chris Christie signed a law limiting property tax growth to 2 percent a year.
New Jerseyans pay the highest property taxes in the country, averaging $7,300 per household.
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