Senator Dawn Marie Addiego (R- Burlington), member of the Senate State Government, Wagering, Tourism, and Historic Preservation Committee, issued this statement following the panel’s approval of legislation reforming interest arbitration for public employees:
“Taxpayers are the winners under this agreement,” said Senator Addiego. “The compromise proposal reached between legislative leaders and the Governor is a major milestone for reform in New Jersey- one that too many residents thought would never come. Placing a realistic cap on arbitration awards, speeding up the time in which cases must be resolved, and requiring that arbitrators be chosen at random will reduce labor costs and the pressures they exert on local budgets. I look forward to supporting this bold property tax reform measure when it comes to the floor of the Senate.”
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