“I’m disappointed,” Gov. Phil Murphy told reporters. “We’re considering our options here because we want to fight for New Jersey commuters and New Jersey taxpayers.”
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Government
OAG vacates 126 anti-gay enforcement actions from mid-20th century
This marks the first time the Office of the Attorney General or Alcoholic Beverage Control has formally apologized for its role in actions that occurred prior to 1967, when the New Jersey Supreme Court ruled that ABC could not suspend a liquor license just because the licensee allowed LGBTQ+ individuals to congregate.
Read More »Murphy signs record $46.4B state budget
Supporting this year’s spending plan is $52 billion of revenue, a $10 billion surplus and roughly $6.5 billion from the Biden administration under the American Rescue Plan. It’s also bolstered by $4 billion borrowed last year, at a time when the full financial and economic impact of the COVID-19 pandemic was uncertain.
Read More »Caruso to leave, Neafsey to lead Division of Consumer Affairs on Aug. 1
Sean Neafsey, who currently serves as deputy director of the DCR's Office of Consumer Protection, will assume the post vacated by Kaitlin Caruso.
Read More »NJ hits 4.7M adults fully vaccinated in-state
Widespread inoculations have been key to lifting COVID-19 restrictions on businesses and public gatherings, and for keeping them lifted.
Read More »Newark rolls out 18-month business COVID rebound plan
City officials said the plan - which will contribute more than $8 million of the $177 million it's getting from the Biden administration under the American Rescue Plan - would hone in on job growth, so-called “equitable development,” small business growth, and neighborhood revitalization.
Read More »NJBIZ Conversations: Christina Renna
The president and CEO of the Chamber of Commerce Southern New Jersey discusses the region's response to COVID-19, the pace of its recovery and the outlook for the rest of the year and into 2022.
Read More »Few fans
Business groups say the new state budget represents a missed opportunity to bridge the gap between the COVID-19 recession and a robust economic recovery. The budget – which the Legislature sent Gov. Phil Murphy on June 24 – includes a record $46.4 billion of spending, $52 billion in revenue, more than $6 billion in federal aid and a $10 billion surplus.
Read More »Ciattarelli hopes to phase out ‘unfair’ $14.5B corporate incentive program
“If I enact changes to the tax code in partnership with the Legislature that accomplish the exact same thing as this program, and those enactments benefit and provide opportunity to all businesses, there’s no longer a need for that program," the Republican gubernatorial candidate tells NJBIZ.
Read More »Voters to decide on allowing wagers for NJ collegiate sports
Although the practice has been legal in New Jersey since 2018 for professional leagues - and seen billions of dollars in wagers - state law still prohibits bets from being placed in the state on university teams and games.
Read More »Senate delays action on tax break clean-up bill
The June 24 vote on legislation overhauling many parts of the state’s $14.5 billion incentive programs is now postponed until June 30, the last day before all 120 members of the state Legislature break for summer recess.
Read More »Legislature sends Murphy record-high $46.4B budget (updated)
This year's spending blueprint includes $52 billion of revenue, a $10 billion surplus and roughly $6.5 billion from the Biden administration under the American Rescue Plan.
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