NJ Senate Chief Looks To Toughen Property Tax Cap

Law360, New York (April 16, 2012, 5:42 PM EDT) -- The head of New Jersey's Senate on Monday announced planned legislation that would block towns from circumventing a 2 percent property tax cap in the state by hitting residents with user fees for municipal services such as trash collection.

The proposal comes as residents in a tiny handful of New Jersey towns on Tuesday will vote on whether to allow their municipalities to raise taxes above the annual 2 percent cap, which the Legislature and Gov. Chris Christie approved in 2010.

The legislation that Senate President...
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