Assembly Budget

The Assembly Budget Committee reviews the Governorís proposed budget plan and crafts the Legislatureís appropriations bill, the stateís annual fiscal spending law.
Democratic Research Aide:  Aaron Binder   
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Video: Speaker Prieto on Giving Police & Firefighters Control of their own Pension Fund

Assembly Speaker Vincent Prieto Assembly Speaker Vincent Prieto (D-Hudson/Bergen) speaks on the Assembly floor Thursday on his legislation (A-99) to transfer management of the Police and Firemen's Retirement System from the state to the Board of Trustees of the Police and Firemen's Retirement System.

Watch the video here.

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Prieto, Sumter, Schaer & Greenwald Bill to Give Police & Firefighter Management of their Pension Fund Goes to Governor

Speaker Vincent Prieto Legislation Speaker Vincent Prieto, Majority Conference Leader Shavonda Sumter, Budget Chairman Gary Schaer and Majority Leader Lou Greenwald sponsored to transfer management of the Police and Firemen's Retirement System from the state to the Board of Trustees of the Police and Firemen's Retirement System was approved Thursday by the Assembly, giving it final legislative approval.

"If the unions want the ability to make investment decisions for their members when it comes to their retirement savings, then we should give them that opportunity - the same as private sector unions do for their members," said Prieto (D-Hudson/Bergen)...

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Schaer Statement on Assembly Budget Committee Public Hearing

Assembly Budget Chairman Gary Schaer Assembly Budget Chairman Gary Schaer (D-Passaic/Bergen) released the following statement Wednesday after the Assembly Budget Committee held its second hearing on the proposed state budget for the fiscal year starting July 1:

"Today we heard from many concerned parents about school funding, and what is fair, adequate and necessary to fully meet the needs of our students. There is no quick, easy fix, but we remain committed to exploring all options until we reach a solution that is reasonable, responsible and, more importantly, benefits all children..."

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Video - NJ Assembly Democrats' Week in Review: March 13-17

New Jersey Assembly Democrats Week in Review for March 13-17.

Watch the video here.


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