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***MULTIMEDIA PACKAGE*** Assembly Budget Committee Chair Prieto on Property Tax Relief in the FY 2013 Budget

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(TRENTON) — Assembly Budget Committee Chair Vincent Prieto issued a multimedia package Thursday detailing some of the property tax relief contained in the Fiscal Year 2013 Budget.

The multimedia package consists of a video, audio and a transcript of same.

The video can be accessed directly via our website —
— or by clicking here.

The audio file is available upon request.

A transcript of comments from Budget Chair Prieto is appended below:

Assemblyman Vincent Prieto (D-Hudson), Assembly Budget Committee Chair:
“This budget is a budget that has Democratic priorities. It puts property tax relief up front. It gives relief to seniors, disabled and the working class, and it’s something that’s so important because this governor — when he became governor — slashed those rebates by 75 percent.

“We’re putting property tax relief back in the budget, which actually will deliver — to seniors and disabled — full restoration of the rebates and it’s a direct credit off their tax bill. Also, for non-seniors, they will get sorely needed tax relief.

“This budget actually restores the Earned Income Tax Credit, which is in the income tax for the low-working people that Governor Christie cut out of his budget two years ago.

“This budget’s priority is property tax relief and that’s what it all should be. It’s about the residents of the State of New Jersey, with the highest property tax in the nation. We need to work on it and this is something that gives direct relief today to those residents.”