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Assembly Speaker Sheila Y. Oliver (D-Essex/Passaic) released the following statement Thursday on an agreement with the governor’s office and the Senate on a bill to reform the arbitration system for police and firefighter salaries.

The Assembly Law and Public Safety Committee will consider the bill later this afternoon:

“New Jersey taxpayers want reform that controls property taxes while also respecting the hard-working police and firefighters who bravely keep us safe day after day.

“This agreement accomplishes those goals.

“This is a reasonable and commonsense plan that takes a big step toward long-term property tax reform.

“That’s why we were able to build a strong, wide-ranging consensus around it.

“I’d like to thank everyone involved, including Senate President Sweeney and Gov. Christie, for their hard work and cooperation in getting this done.”