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Schaer, Caride, Eustace & Lagana Call Veto of Bill to Protect Homeowners from Greater Tax Burden Another Missed Opportunity

(Trenton) - Assembly Democrats Gary Schaer, Marlene Caride, Tim Eustace, and Joseph Lagana (all D-Bergen, Passaic) issued a joint statement expressing their disappointment in the Governor's decision to absolute veto their legislation (S-762/A-3328) that would have protected homeowners against increases in property taxes as a result of recent changes to the federal flood maps:

Assemblyman Gary Schaer:
"This is truly unfortunate for the residents of Bergen and Passaic counties. What we did not want was for the increases on municipal rates to be translated into higher property taxes for homeowners. With the third highest property taxes in the country, we should not overlook any opportunity to protect residents from a greater tax burden."
For More             
Assemblyman Gary S. Schaer Main Page