Morning News Digest: June 22, 2010

Millionaire’s Tax Override Shot Down in Assembly

As expected the Assembly Democrats’ motion to override the governor’s veto of a proposed tax on income over $1 million has failed. The vote broke down 47-33 along party lines. Democrats needed 54 votes to override the veto. Perhaps the only people in the lower chamber who thought the bill had a chance were those in the gallery, who came sporting T-shirts and buttons in support of the override. Behind the scenes Democratic lawmakers said getting enough votes to overturn the governor’s veto of the measure passed in both houses earlier this month was never really a possibility. (Isherwood, PolitickerNJ)

GOP ready to try to make Dems vote against gov’s cap

The Statehouse buzz here is Republicans are poised to present an alternative to Senate President Steve Sweeney’s (D-West Deptford) 2.9 percent property tax cap proposal. “We’re going to introduce are own 2.5% version,” said Assembly Conference Leader Jon Bramnick (R-Westfield). (Pizarro, PolitickerNJ) 

Sweeney on Booker’s cap choice: ‘major mistake’

Ever since Chris Christie became governor, political insiders have delighted in the prospect of a north-south Democratic Party collision course between Senate President Steve Sweeney (D-West Deptford) and Newark Mayor Cory Booker. Over the weekend, the party’s two resident alpha males from separate halves of the state finally banged into each other as Sweeney unveiled an alternative tax cap plan and Booker signaled that he would back Christie’s proposal of 2.5%. (Pizarro, PolitickerNJ) 

Newark Mayor Booker endorses N.J. Gov. Christie’s property tax cap

 Mayor Cory Booker Monday endorsed Governor Christie’s proposed constitutional amendment limiting annual property tax increases to 2.5 percent. Booker, a Democrat, said he is backing the Republican governor’s plan — along with the rest of Christie’s 33-bill “toolkit” to assist local governments — because “the moment for true reform has finally come.” (Heininger, The Record) h


NJ Budget: GOP, Dems reach a compromise deal

 A compromise deal on a $29.3 billion New Jersey budget has been reached between Democrats in the Legislature and the Republican governor’s office. Democratic leaders in the Legislature announced the agreement Monday after word of a tentative accord leaked out. The state Treasurer’s office was planning to discuss the deal Monday evening. (AP)

 NJ Gov.’s property tax cap plan stalled 

Newark’s Democratic mayor may be a fan of Gov. Chris Christie’s plan to cap property tax increases through a constitutional amendment, but to get it on the ballot, the Republican governor will need support from more than Democratic mayors. He’ll need support from Democratic legislators, as well, something he didn’t have Monday. Assembly Democrats twice refused to take action on motions offered by Republicans to move the governor’s constitutional cap out of committee. (DeFalco, AP) 

Items restored under NJ budget compromise 

Funding for the following programs and services is being restored to the New Jersey budget under a compromise agreement announced Monday by Gov. Chris Christie and legislative leaders. (AP) 

Ingle: Gays help bring the town back 

Often we hear about the rundown towns in New Jersey that could be turned around only if we dumped more taxpayer money into them. Somehow that never winds up being the result. But turning towns around is possible and has been the case with Asbury Park. David Willis, writing in part one of a four-part series, explored the role payed by the gay community in bringing Asbury Park back to life. (Ingle, Gannett) 

Ingle: Millionaires’ tax is dead 

The Assembly has failed to override Gov. Christie’s veto of the millionaires’ tax. The 47-33 vote was along party lines with Republicans voting against it. In order to pass, the Democrats had to pick up seven Republican votes. The law, passed by Democrats and signed by Gov. Corzine was designed to end Dec. 31, which it did. (Ingle, Gannett)

Morning News Digest: June 22, 2010