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.

(Copyright 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Al

    Blah, blah, blah. Talk is CHEAP, and we pay dearly for living in this Paradise called the GARDEN STATE. Give us something solid!!!! We are sick and tired being ripped off by the greedy towns!!!!

  • michael

    My RE taxes are 10K/year right now. I have a job and can not afford to live in NJ any longer. We need a flat tax and we need it badly.

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