Widespread inoculations have been key to lifting COVID-19 restrictions on businesses and public gatherings, and for keeping them lifted.
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Government
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.
Read More »Towns might get more time to say yay or nay on adult-use cannabis businesses
New legislation would provide government officials with an additional 60 days beyond the current Aug. 21 deadline to enact an ordinance welcoming or blocking such enterprises from opening and operating within their communities.
Read More »Murphy stands by fast-tracked $46.4B budget approval process (updated)
But, the governor said he was floating a waiting period between when lawmakers send a spending plan to his desk and when he ultimately signs it, as representatives in the Democratic-controlled Legislature face criticisms.
Read More »New money coming for COVID-hit eateries to prepare meals for the hungry
Applications for Sustain and Serve NJ, under which nonprofits throughout New Jersey have used $14 million in state subsidies to purchase 1.5 million meals from 340 restaurants to go toward residents in need, will be available online between June 28 and July 18.
Read More »Biz orgs: New budget could, but does nothing to, stave off July 1 tax hikes (updated)
Business groups contend the state can act now to prevent the increases, given a $6.5 billion federal relief package under the American Rescue Plan and $10 billion of surplus money, but it is opting not to.
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