With Some Criticism, N.J. Lawmakers Send $2.3B Tax Relief Bill to Corzine

Kaske, Michelle
February 2007
Bond Buyer;2/7/2007, Vol. 359 Issue 32563, p6
Trade Publication
The article reports that the state lawmakers had sent a $2.3 billion property tax relief bill to Governor Jon Corzine on February 6, 2007 in New Jersey. According to critics, the tax relief bill could push the state to sell or lease assets to fund the tax breaks. The Senate passed the bill after lawmakers criticized the measure's inability to provide sustainable property tax relief to the state's homeowners and possibly force the state to generate needed funds from public-private partnerships.


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