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

The governor is expected to talk about property

The governor is expected to talk about property taxes and his budget proposal. (April 15, 2014 6:56 PM)

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...

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