In this video press release, Assembly Speaker Joseph J. Roberts, Jr. (D-Camden), Assembly Majority Leader Bonnie Watson Coleman (D-Mercer) and Assembly Budget Committee Chairman Louis D. Greenwald (D-Camden) discuss Governor Jon S. Corzine's announcement that the state's tax amnesty program has exceeded revenue projections.
According to numbers from the state Department of Treasury, the program has collected more than $600 million - $400 million over initial projections - and represents the largest single tax amnesty program executed by any state.
The Democratic leaders said they are committed to using the money for property tax relief.
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