Kyrillos Urges Passage of Permanent Arbitration Award Cap

Kyrillos Urges Passage of Permanent Arbitration Award Cap

Senator Joe Kyrillos (R-Monmouth) urged legislative Democrats to reconsider posting a bill for a vote that would make permanent the 2-percent arbitration award cap.

“The proposal to increase the cap, cut into healthcare savings and raise property taxes in many communities, and ultimately eliminate the cap in a few years is clearly not the way to go,” Kyrillos said. “The people of our state want to make permanent our current bipartisan cap on local pay raises that has dramatically decreased property tax growth since Gov. Christie took office.”

Senator Kyrillos co-sponsors S1913 to make permanent the 2-percent cap on arbitration awards. He was a co-prime sponsor of the original bipartisan legislation that created that 2-percent cap.

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