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Business Report: Proposed property-tax relief

Gov. Murphy wants an accelerated timeline for proposed property-tax relief program

05/12/2022

NJ Spotlight News

Business Report: Proposed property-tax relief

Clip: 5/12/2022 | 3m 1sVideo has Closed Captions

Gov. Murphy wants an accelerated timeline for proposed property-tax relief program

On Thursday, Gov. Phil Murphy said he wants to see the timeline accelerated for his proposed property-tax relief program known as Anchor, which is included in his budget for the new fiscal year. Eligible homeowners would receive an average rebate of $700, while renters would receive up to $250. The average household rebate would rise to over $1,100 by fiscal year 2025.

05/12/2022

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