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Gov. Phil Murphy And Assembly Speaker Craig Coughlin Are Moving Close To An Agreement Regarding Tax Relief For Seniors in New Jersey

Gov. Phil Murphy And Assembly Speaker Craig Coughlin Are Moving Close To An Agreement Regarding Tax Relief For Seniors (Photo: Politico)

Gov. Phil Murphy and Assembly Speaker Craig Coughlin are seemingly near to an agreement on the StayNJ property tax relief bill for seniors in New Jersey.

Assembly Speaker Craig Coughlin (Photo: NJBIZ)

Gov. Murphy and Assembly Speaker Craig Coughlin on Tax Relief for Seniors

An agreement for the StayNJ property tax relief bill for seniors is seemingly near since Gov. Phil Murphy and Assembly Speaker Craig Coughlin are seen to be in talks and in a productive mood. The tax relief for seniors bill threatened to endanger the relationship between the two over these past few weeks. Coughlin declared that he is thankful to the Senior Services Committee and Assembly Aging for their careful consideration in working on approving the bills that would allow seniors health care savings and helpful tax relief.  Murphy previously voted against Coughlin’s plan to increase the tax relief to $100 for New Jerseyans aged over 65. Fortunately, the governor’s chief of staff George Helmy agreed to a compromise with Coughlin.

Helmy stated that they are looking forward to working with Coughlin to see the relief approved. Helmy included in his statement that he praised Coughlin’s closeness with the governor. Coughlin altered his portion of his legislation for StayNJ to insert pieces of the frozen budget for seniors in agreement with Murphy. The StayNJ plan won Gary Schaer’s endorsement, an Assemblyman.

READ ALSO: The Long-Awaited $590 Million Tax Relief Has Been Approved By The Senate Of Massachusetts

Gary Schaer’s Side

Schaer stated that since he served as the Assembly’s budget chair for school funding and full budget funding, he is in complete support of the StayNJ tax property relief for seniors, as proposed by Coughlin. Schaer added that if StayNJ is approved, it would be a long-term commitment and that he believes it would be executed well under Gov. Murphy’s leadership.

The NJEA government affairs director and the former deputy chief of staff of Gov. Murphy, Deborah Cornavaca, said that they support the plan. She declared that she is pleased to offer NJEA’s support of the StayNJ tax relief for seniors on behalf of its members of up to 200,000.

READ ALSO: Honolulu Residents To Get A One-Time Tax Rebate Of $350

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