For Immediate Release: 7/1/22

Contact: Phil Swibinski, (201) 978-8651

Chairman Jones Thanks Gov. Murphy, Dem Legislators for Passing Historic Budget

Chairman Praises Governor, Legislative Democrats for Investing in NJ

TRENTON, NJ — Governor Phil Murphy signed the new FY2022-23 state budget into law yesterday after it was passed by Democrats in the state legislature with minimal Republican support. The budget provides an unprecedented level of property tax relief for homeowners and renters, makes historic investments in public school funding and new programs designed to make the state more affordable like the child tax credit and back to school sales tax holiday, makes the full state pension contribution, sets aside the largest surplus in state history and much more. 

NJDSC Chairman LeRoy J. Jones, Jr., is releasing the following statement:

“New Jersey residents are demanding help from our state government to deal with both rising costs due to inflation and structural inequities that have existed for too long, and this year’s state budget passed by legislative Democrats and signed into law by Governor Murphy makes real progress on both of those fronts. Once again, Democrats have answered the call to take significant action to make New Jersey a stronger, fairer, more affordable and more equitable state, while Republicans prove that they are incapable of providing any real solutions. 

This budget will provide the most significant property tax relief program in state history, helping both homeowners and renters stay in their homes. It will create a landmark child tax credit program based on the successful federal model that will help parents make ends meet. It will invest in our public schools with both operating and capital funding that will allow districts to keep property taxes under control while modernizing facilities. It will keep our promise to state employees to once again make the full pension payment, while also setting aside a record surplus to help weather any future economic downturn. All in all, this state budget meets the moment and addresses many of the urgent needs our residents are facing. It also comes at a time when the legislature has also just passed incredibly important bills to protect abortion rights and keep our communities safe from guns, showing real progress on these major issues. 

I would like to thank Governor Murphy, Senate President Nicholas Scutari, Assembly Speaker Craig Coughlin, Senate Budget Chairman Paul Sarlo, Assembly Budget Chairwoman Eliana Pintor-Marin and all members of our Democratic caucus for supporting this budget. There is always more work to be done in pursuit of economic, racial and social justice, but this budget makes critical progress for the people of New Jersey.”