The measure would bar persons, stores and restaurants from selling or giving out single-use plastics. It would also impose a 10 cent fee on paper bags, half of which would go back to the business owner.
Read More »Author Archives: Daniel J. Munoz
Legislative leadership remains unchanged for 2020
Among those staying in power are Senate President Stephen Sweeney and Assembly Speaker Craig Coughlin, who were elected by the Senate and Assembly Democrats, respectively, to continue to serve in their posts.
Read More »Vote set on bill to suspend minimum wage increases if economy sours (updated)
Lawmakers will take up the measure next week, which would put a hold on the uptick in pay in the event of a decline in employment and sales tax.
Read More »Murphy signs bill to expand electric vehicle infrastructure
The governor approved a bill Wednesday encouraging municipalities to develop plans on how to accommodate the increasing presence of electric vehicles, as his administration pushes for an environmentally-friendly “green economy.”
Read More »Republicans make gains in Murphy ‘midterm’ election
Democrats currently hold a 27-13 majority in the state Senate and 54-26 majority in the Assembly, both of which will shift slightly toward the GOP's favor this January.
Read More »If you think election is a poll on Murphy’s governorship, he’s OK with that
“It's certainly at least partly a referendum and we welcome that, because we like where we’re headed,” Murphy said at an unrelated event Monday in Bridgewater.
Read More »Federal lawmakers push for greater scrutiny of opportunity zone tax breaks
“The underlying legislation, the Investing in Opportunity Act, was intended to support the growth and revitalization of our nation’s most economically underserved communities,” reads a joint letter dated Oct. 31 to the U.S. Treasury Acting Inspector General Richard Delmar. “It was not the intent of Congress for this tax incentive to be used to enrich political supporters or personal friends of senior administration officials."
Read More »Moody’s warns aid freeze could lead to financial woes for distressed towns
A new report from the Wall Street credit rating agency finds an October decision from the Murphy administration to release tens of millions of dollars for some of the state’s poorest municipalities will help take the pressure off, but is still worrisome for two recipients: Paterson and Union City.
Read More »US Treasury rolls out new opportunity zone reporting requirements
The four-page tax form requires that an OZ fund – the entity that collects investments for any particular zones – include the identification number for each business in which it has an interest, the census tract where the business owns property, and the monetary value put into each investment.
Read More »Johnson steps down as Atlantic City special counsel for role in NYC
Gov. Phil Murphy’s special counsel for the Atlantic City transition and state takeover, Jim Johnson, accepted an offer for corporation counsel for New York City. Johnson will begin the role on Nov. 4, according to an Oct. 31 announcement from New York City Mayor Bill de Blasio. “Johnson has showed he knows the power of our laws to hold the ...
Read More »EDA paring down last applicants under controversial tax break program
The Murphy administration has been gradually whittling away at the last 24 applicants for corporate incentives under New Jersey’s now-expired Grow NJ and Economic Redevelopment and Growth gap financing program, NJBIZ has learned.
Read More »North Brunswick train station looks to gain steam with P3
The Murphy administration is handing off the management of an ambitious New Jersey Transit train station in North Brunswick to Garden Homes Development and the Middlesex County Improvement Authority, but it is still not clear what the total price tag will be.
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