Recent Articles from Daniel J. Munoz
Murphy extends CBT deadline one month – to Nov. 16
Citing the difficulty state-based businesses are facing with a dual Oct. 15 due date for federal and state returns amid upheaval from the COVID-19 pandemic, the governor said New Jersey would extend its own corporate business tax deadline.
With NJ to host March Madness, lawmakers eye lifting in-state betting ban
With the Prudential Center in Newark slated as home to the NCAA’s 2025 East Regional, with Seton Hall University as host, state lawmakers are looking to partially lift a ban on sportsbooks accepting wagers on collegiate games taking place in New Jersey.
NJ unemployment falls below Great Recession rate for 1st time amid COVID (updated)
The number came in at 6.7% for the month of September, down from its record-setting 16.8% high in June. Heading into the pandemic it was 3.7%.
Murphy, Sweeney eye common ground, deal on corporate incentives
The Senate President conceded that a cap of some kind could come to fruition, “if we can raise it high enough."
Sweeney: Proposed Wall Street transaction tax rate ‘way too high’
The proposed legislation – which has met fierce criticism from business groups and the New York Stock Exchange, but in addition to Sweeney also has the support of Gov. Phil Murphy – is slated for an Assembly committee hearing on Oct. 19
NJEDA opening applications in October for $70M in business COVID-relief
Micro-businesses are eligible for grants up to $5,000, companies with between six and 25 full-time employees can get up to $10,000, and those with between 26 and 50 full-time employees can get up to $15,000 in grants.
Stockton breaks ground on new Atlantic City dorm
Originally scheduled for March, the ceremony and work was delayed due to COVID-19's impact across the state. Now, the 416-bed dwelling is slated to be completed for fall 2023.
Lawmakers to hold Monday hearing on Wall Street transaction tax
The meeting will offer critics of the plan – such as the major stock exchanges and other financial institutions – the opportunity to express concerns over the proposal.
NJ adds Ohio, Michigan, Virginia to COVID quarantine list
No locations were removed under the latest announcement, bringing the total list of states and territories to 38.
Murphy unveils $100M in business COVID-relief
The money will come from the state's $2.3 billion in federal aid, with the largest portion being handled by the New Jersey Economic Development Authority.
Murphy: ‘We’re up against’ second wave, as COVID cases surge
New Jersey registered 991 new instances overnight, according to the governor, while Commissioner of Health Judith Persichilli said this week that hospitalizations have seen a 100% increase over the past month.
New bill would make warehouses like Amazon culpable for COVID outbreaks
Under the proposed legislation, workers that test positive for the virus during the public health state of emergency will be presumed to have gotten it at on the job, making them eligible for worker’s compensation and other benefits.