Governor’s proposed Stay NJ benefit ‘too low,’ Assembly speaker says

Gov. Mikie Sherrill has proposed cutting Stay NJ's max benefit from $6,500 to $4,000. The Assembly speaker says that’s too low.

By: Nikita Biryukov

Outlets: New Jersey Monitor

Published: June 3, 2026

Words: 525

Last Updated: 1 month, 1 week ago

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The New Jersey Assembly’s top Democrat said he does not back proposed cuts to a marquee property tax relief program he championed into law.

Assembly Speaker Craig Coughlin said Wednesday during a telephone town hall hosted by AARP that he believes the $4,000 cap Gov. Mikie Sherrill has proposed for benefits from the Stay NJ property tax relief program is insufficient.

“I think the net cap on the benefit is something …

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