The ideas of limiting property taxes to a percentage of their household income or restrict is being studied

Assembly Speaker Joseph Roberts Jr. of Camden and Senate President Richard J. Codey of Essex County said this idea has been already implemented in many states.

New Jersey's has the highest-in-the-nation property taxes. The average New Jerseyan pays about $6,000 in property taxes, twice the national average.

If the circuit breaker property tax implementation is approved it will spell a certain amount of tax relief for non-government working class people.

This proposed plan disclosed yesterday by legislative leaders - called a "property tax circuit breaker" in other states - could either limit property taxes to a percentage of household income. It would restrict the percentage of property value upon which property taxes are calculated.

The idea is called a "circuit breaker" because it shuts off property tax bills, and acts much like a circuit breaker that shuts off electrical current if an overload occurs