Senator Robert Singer (R- Ocean) issued the following statement following Governor Christie’s formal signing into law of interest arbitration reform:
“Today, reform that many in New Jersey thought impossible has become law: a reasonable cap on interest arbitration awards. State government has taken a momentous step in stabilizing out of control property taxes and restoring faith with a public angered by the imposition of public employee contracts more generous than those enjoyed by the average taxpayer.
“I am extremely proud that New Jersey finally has a Governor who possesses the courage and vision to tackle the difficult issues that have made New Jersey unaffordable and driven too many people out of our state. However, there is more to do for the taxpayers, and I look forward to continuing to stand by Governor Christie in the upcoming legislative session to move his reform agenda forward.”