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Government

Feb 16, 2012

SBA pushes Obama proposal to expand tax-credit program on health care

President Barack Obama's proposal to expand and simplify a small-business health care tax credit program could help some 150,000 small-business owners in New Jersey stave off rising coverage costs, according to a report by the U.S. Department of Health & Human Services.

Feb 16, 2012

1B addition to Urban Transit Hub tax credits advances

A bill that would provide $1 billion in additional tax credits for state incentives to build near train stations advanced out of the Senate Economic Growth Committee today.

Feb 15, 2012

Affordable housing fight gets center stage in court

The court battle over the fate of the Council on Affordable Housing continued today, with the Fair Share Housing Center arguing a move by the Gov. Chris Christie administration to bring COAH's duties under gubernatorial oversight is unlawful.

Feb 13, 2012

EDA issues 1st transit hub certificate

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.

Feb 13, 2012

Laws require banks to focus on customer service, compliance

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.

Feb 13, 2012

Tight-knit regulations hit smaller banks in pockets

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...

Feb 13, 2012

Permitting builders to keep plans active

With the construction market continuing its slow thaw, the state's homebuilders are rallying behind a bill to keep the current permits valid for another two years.

Feb 13, 2012

Dream team

When Dale F. Florio talks about the group he has assembled at Princeton Public Affairs Group over the past 25 years, he uses the word "team."

Feb 10, 2012

Public will get chance to discuss strategic development plan

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.

Feb 10, 2012

24M beach rescue funding critical to aid N.J. tourism, say stakeholders

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.

Feb 9, 2012

LLC revisions under review in Trenton, while fracking prohibition advances

The largest overhaul of state laws overseeing limited liability corporations could advance today, while another bill banning hydraulic fracturing in the state did advance.

Feb 8, 2012

Residential developers aim for piece of proposed 1B Urban Transit Hub expansion

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.