Gov. Christie calls on Assembly to act on Interest Arbitration Bill

The governor is expected to talk about property taxes and his budget proposal. (4/15/14)

SOMERSET - Gov. Chris Christie called on the Assembly to act on the Interest Arbitration Bill at a town hall meeting Tuesday in Somerset.

In 2010, the state passed a property tax cap, preventing property taxes from rising more than 2 percent per year. The Interest Arbitration Bill also puts a 2 percent cap on raises for public sector workers, like police and firefighters.

The bill expired on April 1, when the Assembly failed to vote in time.

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Gov. Christie says certain state parties are avoiding the cap to give raises to a select few.

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