NJECPAC & NJ-IEC Partnering to Protect You And Your Business

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New Jersey, United States
NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Friday, July 9, 2010

Oliver: Assembly Democrats Ready to Sign Off on 2% Cap

Assembly Democrats are prepared to support the 2% property tax cap deal struck Saturday between Gov. Chris Christie and Sen. Steve Sweeney (D-West Deptford)

In a statement released moments after the democrat Assembly caucus concluded, Assembly Speaker Oliver, who refused to support the deal Saturday until she had met the Assembly Democrats, threw her support behind the plan.

“The Assembly Democratic caucus – as it always does - had an energetic discussion about property tax reform and where New Jersey goes from here," Oliver said. “We believe the plan to cap increases at 2 percent and provide exceptions incorporates many of our ideas to control property taxes and is a significant change from the governor’s initial plan. The proposal has our support."

NJECPAC will provide further details on the 2% cap, including the added exemptions in the new deal when they become available. 
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