On or before January 15, 2012, the New Jersey Tax and Fiscal Policy Study Commission created by P.L. 2007, c. 43(C.52:9H-39 et seq.) shall report to the Governor and Legislature, pursuant to section 2 of P.L. 1991, c.164 (C.52:14-19.1), evaluating the efficacy of the tax levy caps and making recommendations.
N.J.S. § 52:9H-42