The origin of what has become a key milestone for the state’s Economic Development Authority came in July 2009, when the Urban Transit Hub tax credit program was amended to include sites serviced by freight rail.
Federal legislation enacted in the aftermath of the 2008 financial meltdown, joining sometimes decades-old laws, have placed new compliance and reporting requirements among other new rules and duties on banking institutions, giving bankers more to do beyond serving customers, industry professional say.
Working in one of the most heavily regulated industries in the nation, bankers extol the positive aspects of government efforts to closely monitor "too-big-to-fail" institutions, police less-than-honest actors and protect businesses and consumers — but they also say many rules and regulations bring higher costs and...
Public hearings on a new blueprint for statewide economic growth are slated to begin next week, marking one of the last steps state officials will take before adopting a plan to strengthen New Jersey's key industries and most vibrant regions.
A $24 million federal investment in beach replenishment, flood mitigation and storm damage reduction projects throughout the New Jersey coastline will give beaches the restoration they need to remain competitive during tourist season, U.S. Sen. Frank Lautenberg (D-Cliffside Park) said Thursday.
Residential real estate developers are playing a key role behind the push to pump another $1 billion in incentives into the Urban Transit Hub tax credit program, according to people familiar with the process.
The climate for the state's businesses has improved as efforts to establish a more efficient and business-friendly regulatory environment, streamline government, and cut costs for companies have made progress over the past year, according to a Red Tape Review Commission report released today.
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