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7-8-10 Senate passes S29, with Governor's Conditional Veto incorporated, late this morning with a 36-3 vote
The conditional veto is not published on line yet, but when it is, GSCS will upload it asap. The differences in the conditional veto that modify S29 as currently printed are: 1)reduce the property tax cap to 2% from 2.9%, and 2)exemptions are health benefits, pension cost increases, spikes in enrollment growth, debt service and unanticipated emergencies (e.g., natural disaster). For this bill to become law, the Assembly has to pass an identical bill, including the conditional veto stipulations. It has been reported that the Assembly will post the bill for a vote early next week, perhaps as soon as this Monday. Click on More below to see bill's history to date.

S29 Reduces school district, county, and municipal property tax levy cap from 4% to 2.9% and permits unused school district, county, and municipal increases to be banked for three succeeding years.
Passed Senate

Identical Bill Number: A3065

Sweeney, Stephen M. as Primary Sponsor
McKeon, John F. as Primary Sponsor
Barnes, Peter J., III as Primary Sponsor
Burzichelli, John J. as Primary Sponsor
Wisniewski, John S. as Primary Sponsor
Van Drew, Jeff as Primary Sponsor
Madden, Fred H., Jr. as Primary Sponsor
Whelan, Jim as Primary Sponsor
O'Toole, Kevin J. as Primary Sponsor
Kyrillos, Joseph M., Jr. as Primary Sponsor

6/21/2010 Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
6/24/2010 Reported from Senate Committee, 2nd Reading
6/28/2010 Motion To Sa (Kyrillos)
6/28/2010 Motion To Table (22-18) (Buono)
6/28/2010 Passed by the Senate (23-17)
6/28/2010 Received in the Assembly without Reference, 2nd Reading
6/28/2010 Substituted for A3065
6/28/2010 Motion To Aa (DiCicco)
6/28/2010 Motion To Table (Cryan) (42-35-0)
6/28/2010 Passed Assembly (Passed Both Houses) (44-33-1)
7/8/2010 Received in the Senate, 2nd Reading - Concur. w/Gov's Recom. (36-3)
7/8/2010 Emergency Resolution (36-2) (Van Drew)
7/8/2010 Passed by the Senate (36-3)

Statement - SBA 6/23/10 - 2 pages PDF Format HTML Format
Introduced - 29 pages PDF Format HTML Format

Committee Voting:
SBA  6/23/2010 - r/favorably - Yes {8}  No {4}  Not Voting {2}  Abstains {0} - Roll Call

Session Voting:
Sen.    6/28/2010 - TABLE MOTION - Yes {22}  No {18}  Not Voting {0}    - Roll Call
Sen.    6/28/2010 - 3RDG FINAL PASSAGE - Yes {23}  No {17}  Not Voting {0}    - Roll Call
Asm.  6/29/2010 - SUBSTITUTE FOR A3065 - Yes {0}  No {0}  Not Voting {79}  Abstains {0} - Voice Vote Passed
Asm.  6/29/2010 - MOTION TAB MOTION - Yes {42}  No {35}  Not Voting {2}  Abstains {0} - Roll Call
Asm.  6/29/2010 - 3RDG FINAL PASSAGE - Yes {44}  No {33}  Not Voting {1}  Abstains {1} - Roll Call