TRENTON — The New Jersey Senate today will begin considering nearly three dozen proposals to control the rate of property tax increases. Gov. Chris Christie says the bills are designed to help towns, counties and school districts contain costs and hold property tax increases to 2 percent a year. The Senate Budget Committee plans to review several proposals including...
Today the N.J. Senate will begin to review nearly three dozen proposals to control property tax increases.TRENTON — The New Jersey Senate today will begin considering nearly three dozen proposals to control the rate of property tax increases.
Gov. Chris Christie says the bills are designed to help towns, counties and school districts contain costs and hold property tax increases to 2 percent a year.
The Senate Budget Committee plans to review several proposals including one that would limit the amount of unused sick and vacation time school and government employees could accrue.
The bill would cap payouts to retirees for unused time at $15,000. It also would limit the amount of sick time employees could take without a medical excuse the year before they retire.
More property tax coverage:
• N.J. towns could take income tax refunds from homeowners late on property taxes
• How N.J.'s 2 percent property tax cap plan will impact residents
• Gov. Christie says property tax cap could force N.J. town, school district mergers
• N.J. property tax cap gives residents voting power over additional spending