NJ Spotlight News

Business Report: Proposed property-tax relief

Clip: 05/12/2022 | 3m 1s | Video has closed captioning.

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.

Aired: 05/12/22

Rating: NR

Problems Playing Video? | Closed Captioning

NJ Spotlight News is a local public television program presented by THIRTEEN.