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