The months-long rulemaking process of a massive economic incentive package is seeking thoughts that are geared toward enabling legislation and how the agency “should implement the ERA programs,” according to the NJEDA website.
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Government
Restoration firm barred from public contracts after $1.2M of stolen wages
The Union Township-based restoration company was contracted for six projects across the state, several of which were public contracts financed via taxpayer dollars, where they failed to pay workers the right amount or anything at all.
Read More »Biden team revokes Trump-era hurdle to Gateway tunnel funding
The Federal Transit Administration made it easier for New Jersey and New York to fund their share of the $13 billion project.
Read More »Tax revenue falling from holiday shopping peak into winter of COVID
Data released by the New Jersey Department of the Treasury showed drops in the collections of both the corporate business tax and the gross income tax compared to a year ago.
Read More »NJ to spend $100M on statewide electric vehicle program
The Murphy administration will be spending $100 million on statewide electric vehicle programs, through a combination of funds from the Volkswagen emissions settlement and the state’s revenue from the recently re-joined multi-state Regional Greenhouse Gas Initiative. Gov. Phil Murphy, during a Feb. 16 press announcement in Newark, boasted the proposal as a means to push the ...
Read More »New COVID cases fall below 2K for first time in months
The new lower figures are at a milestone not seen since November 2020, however, whether they are real or a result of lab reporting issues remains to be seen.
Read More »NJBIZ Conversations: Tom Bracken
The president and CEO of the New Jersey Chamber of Commerce discusses the planning for next year's Walk to Washington, how the organization has been serving its members and what he thinks about the state's response to the pandemic.
Read More »New marijuana bill introduced; swift passage expected
Assembly Speaker Craig Coughlin said the measure will move swiftly through the Legislature, passing out of both chambers on Feb. 18 and onto the governor's desk.
Read More »Thousands in NJ once again face loss of unemployment assistance
Under an extension of the COVID-19 relief package that then-President Donald Trump signed just before the new year, several relief programs will end sometime between March 14 and April 11.
Read More »Bipartisan bill would provide $300M in pandemic relief for businesses
Senate President Steve Sweeney said the funds will will "speed up our economic recovery from the pandemic, prevent more businesses and nonprofits from closing, and create jobs for workers who have been on the unemployment rolls for almost a year."
Read More »NJ maxed out tax credit for startup investors in 2020 amid COVID
The program was capped at $25 million last year but was expanded to $35 million for 2021 under a $14.5 billion landmark economic incentive package Gov. Phil Murphy approved in early January.
Read More »Some NJ electric bills set to increase this June
The move comes largely in response to the increasing costs of power transmission, which are controlled by the federal government and not state regulators.
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