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Article: SEN. KARCHER'S BILL DEDICATING SALES TAX INCREASE TO PROPERTY TAX REFORM APPROVED
- Article from:
- US Fed News Service, Including US State News
- Article date:
- July 28, 2006
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The New Jersey State Seante Democrats issued the following news release:
A resolution sponsored by Sen. Ellen Karcher which would ask voters to constitutionally dedicate half of this year's penny increase in the State sales tax to property tax reform efforts was approved today by the Senate by a vote of 35-0, and by the Assembly by a vote of 77-0, and now heads to this voters as a ballot question this November.
"Through this legislation, we are committing a non-lapsing source of revenue to fix New Jersey's long-broken property tax system," said Senator Karcher, D-Monmouth and Mercer. "For over thirty years, government in New Jersey has relied too heavily on property taxes to fund some of ...