Still Hope For Property Tax Cap

The ball is in the Assembly’s court

Both the State Senate and General Assembly passed the bill that would blow a hole in municipal budgets for the next four years, the “extension” of the 2% Interest Arbitration Cap for police and firefighters base salaries that did not really cap those salaries.  Had the bill become law, there would have been a massive cut in municipal services throughout New Jersey or property taxes would have started rising again at levels we experienced during the Corzine/Codey/McGreevey administrations.

But Governor Chris Christie conditionally vetoed the bill and the Senate quickly concurred with the changes he made to the bill which kept the cap intact through December 2017 by a vote of 33-1.   Christie’s office announced the conditional veto and the Senate’s concurrence in the same press release.

One has to wonder why the Senate went through the exercise of passing the “bad bill” in the first place, by a vote of 28-7, only to abandon the changes it made to the existing Interest Arbitration Cap and, for the most part, extend the existing law for another four years, so quickly.   Without the Senate’s concurrence to Christie’s conditional veto, the cap on arbitration awards would expire on April 1st.  Either the “bad bill” or the expiration of the cap would have been a victory for the Trenton Democrats benefactors in the police and firefighters unions.

The unions may still have their victory.  Before the Assembly could take a vote on concurring with Christie’s conditional veto, Speaker Vincent Prieto abruptly adjourned the session.   No Assembly session has been scheduled, yet, to take up the concurrence prior to April 1.

Below is a video of Assemblyman Declan O’Scanlon’s floor speak before the chamber voted on the “bad bill.”   As usual, O’Scanlon makes is case and fights for New Jersey taxpayers very well.

h

Posted: March 28th, 2014 | Author: | Filed under: Declan O'Scanlon, NJ State Legislature, Property Tax Tool Kit, Property Taxes | Tags: , , , , , , , | 2 Comments »

2 Comments on “Still Hope For Property Tax Cap”

  1. Bob English said at 2:40 pm on March 28th, 2014:

    Nice job by Asmb. O’Scanlon…….

  2. Mike Harmon said at 5:00 pm on March 28th, 2014:

    O’Scanlon the real deal.