TRENTON – After vetoing the version on his desk, Gov. Chris Christie returned Senate Bill 29 to the Legislature with changes reflecting his desire to land a hard cap of 2 percent with limited exceptions, a deal struck Saturday with Senate President Steve Sweeney (D-West Deptford).
“Now is the time to act, not hesitate,” the governor said in a statement. “The stakes are too high for New Jersey families who are struggling to make ends meet and fighting to stay in their own homes to delay any longer in providing real, meaningful property tax relief. In the last few days, we have accomplished much together, including a bipartisan vote in favor of a lean budget and an agreement to move forward in providing the property tax relief desperately needed by New Jersey families. By continuing our work together, we will accomplish what was thought impossible by some – decisive action on a decades long problem that has become a full blown crisis for the people of our state.”