As new session begins, lawmakers look to ease property tax burden for N.J. homeowners

Derek Hall | January 28, 2022 | NJ.com |

 

State lawmakers on Thursday advanced a package of bills aimed at reducing property taxes in New Jersey, taking the first step toward delivering on promises legislators on both sides of the aisle have been making in recent months to make the state more affordable.

The state Senate Community and Urban Affairs Committee unanimously approved six bills that largely target New Jersey’s inflated property taxes and provide financial relief to renters and homeowners.

This comes about two weeks after a new state Legislature was sworn in after a heated November election that saw Democrats keep control of both the state Senate and Assembly but also saw Republicans gain seven seats.

“It is no coincidence that the very first Senate committee hearing of the new legislative session is focused on tackling our state’s high property taxes and making our state more affordable,” Sen. Troy Singleton (D-Burlington) said in a statement after Thursday’s vote.

 

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