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6-29-10 GSCS - The question remains: Whither property Tax Reform
Competing agendas: as of yesterday afternoon, the Assembly sent out a press release announcing that a series hearings would be held over the summer to be led by 12 Assembly Democrats (11 committee chairs + 1 'free agent'). The hearings are to focus on property tax reform and look at the Governor's 2.5% cap proposal, and certainly the 'just-passed-bill last night', Senate President Sweeney's 2.9% tax cap proposal.
Competing agendas: as of yesterday afternoon, the Assembly sent out a press release announcing that a series hearings would be held over the summer to be led by 12 Assembly Democrats (11 committee chairs + 1 'free agent'). The hearings are to focus on property tax reform and look at the Governor's 2.5% cap proposal, and certainly the 'just-passed-bill last night', Senate President Sweeney's 2.9% tax cap proposal.
However, the news from very early this morning is that the Governor is calling for a special session on his proposal; the reported schedule for the session is to begin towards the end of this week and run at least through the July 4th holiday weekend.
The pressure is on and it rivals, and likely will exceed - at least existentially - the oppressive heat wave that has settled over New Jersey this week. As has become a GSCS mantra, we advise you to STAY TUNED...
