New bills: Tax cuts, temporary casinos, a 41-vote trigger

TRENTON – Assembly members introduced a variety of bills and resolutions this week, including attempts to cut income taxes and increase the earned income tax credit, as well as efforts to bring casinos – temporary ones – to the Meadowlands region.

Among the proposals:

A3235: This proposal, whose sponsors include Assembly members Donna Simon, (R-16), Flemington, and Chris Brown, (R-2), Northfield, is a tax relief bill.

It would establish a tax relief credit under the gross income tax for homeowners with $400,000 or less of taxable income and would be phased in over four years.

The measure also would increase the earned income tax credit from 20 to 25 percent, and increase the so-called renter’s credit, under the Homestead Property Taxes, from $50 to $100 beginning in 2013, to $150 in 2014, and to $200 in 2015.

Gov. Christie vetoed a bid at the end of the last fiscal year to restore the credit to 25 percent, saying his support was contingent on a tax cut.

The Democrats have held up on agreeing to a tax cut because of the uncertainty of revenues to support it, but Christie insists there is no reason to block a tax cut.

ACR160: This measure introduced by 38th District Democratic Assembly members Tim Eustace and Connie Wagner would seek a constitutional amendment to permit the Legislature to approve temporary casinos at the Meadowlands in East Rutherford.

The measure would be in opposition to the Christie administration’s stated intent to focus gaming efforts on revitalizing Atlantic City.

But several northern New Jersey lawmakers have championed the cause of gaming in the Meadowlands area, citing the increased competition from out of state.

The temporary casinos would be permitted at the Meadowlands only for a limited duration as the Legislature would specify by law. 

AR99: This measure, introduced by Assemblywoman Alison Littell McHose, (R-24), Franklin, would require that if a bill gather at least 41 sponsors it would trigger a mandatory posting.

The measure reflects the frustration minority party lawmakers sometimes can experience in gaining a hearing and vote for a bill.

A3231: This bill, introduced by Assembly members DiAnne Gove, (R-9), Forked River, and Chris Brown, (R-2), Northfield, would establish a New Jersey Living Treasure designation for people born in New Jersey who have made significant artistic achievements.

The N.J. State Council on the Arts would be tasked with setting up guidelines.

New bills: Tax cuts, temporary casinos, a 41-vote trigger