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Special Session on Property Tax Reform


   On June 6, 2006, Senate President Richard J. Codey and Assembly Speaker Joseph J. Roberts announced through a legislative news release an unprecedented special legislative session that would work throughout the summer and fall with the goal of enacting property tax reforms by the end of this year. On July 28, Governor Jon S. Corzine delivered an address before the joint session of the Legislature. Following the Governor's address, the Senate and Assembly passed Assembly Concurrent Resolution No. 3 that created four bicameral, bipartisan joint committees to review and formulate proposals that address property tax reform.

    The four joint committees are:

 Joint Legislative Committee on Public School Funding Reform

   It is the duty of the committee to review and formulate proposals that address the manner in which government provides for the maintenance and support of a system of free public schools for the instruction of the children of this State. The committee may consider proposals to: provide State support based on student needs rather than geographic location; eliminate disincentives to the regionalization of school districts; control school district spending, particulary administrative spending; and improve the effectiveness of the current law limiting increases in school district spending.

 Joint Legislative Committee on Government Consolidation and Shared Services

   It is the duty of the committee to review and formulate proposals that address the sharing of services and regionalization of functions at all levels of government. As a basis for these deliberations, the committee will use the CORE agenda proposed by the Speaker of the General Assembly. In addition, the committee will consider proposals to consolidate or eliminate State agency functions and State agencies or commissions.

 Joint Legislative Committee on Public Employee Benefits Reform

   It is the duty of the committee to review and formulate proposals that address abuses of the system of benefits provided to public employees and to control the costs of the State and its political subdivisions for public employee retirement, health care and other benefits. As a basis for its deliberations, the committee will use the recommendations of the Benefits Review Task Force contained in its December 1, 2005 report, as well as other relevant reports.

  Joint Legislative Committee on Constitutional Reform and Citizens Property Tax Constitutional Convention

   It is the duty of the committee to review and formulate proposals that address property tax reform through amendments to the Constitution of the State of New Jersey. The committee will also determine whether amendments to the State Constitution should be recommended to the Legislature for submission directly to the voters or whether such amendments should be referred to a citizens property tax constitutional convention to be convened for the purpose of reforming the system of property taxation.

 

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