“This is an issue that warrants no debate; on both sides of the aisle, we can all agree that we must protect our residents from unfair and inordinate taxation from other states,” the governor said announcing the measures. “The proposals I’m announcing today, while supporting our hard-working residents in their efforts to dispute such taxation, will help promote employment in New Jersey and counteract lost tax revenue to our neighbors."

The legislation would incentivize businesses from across the Hudson River for setting up locations here for their Garden State workers.

Proponents of the law argue that it will protect accident victims and taxpayers; opponents counter that it will raise rates unnecessarily for drivers who cannot afford the increase.

“New Jersey consumers are the heartbeat of our state’s economy, and it is imperative that we protect them from those who are looking to target their finances,” the governor said. “These bills will set new standards for financial service providers to abide by, giving our consumers the protection they need from certain deceptive actors.

The NJDEP will implement the initiative, which provides funding over three years for the purchase of such vehicles and charging infrastructure.

Gov. Phil Murphy visited Vesta Wood-Fired in East Rutherford to sign legislation that continues authorizations for restaurants, bars, distilleries and breweries that were enacted during the pandemic to aid the industry.

Certain sellers would be subject to penalties for using packaging more than twice the volume of the items being shipped.

“With these efforts, we will join the growing number of states that are saying enough is enough when it comes to rising drug costs by taking a long look under the hood of the entire process – and then fixing what needs to be fixed,” the governor said during an event announcing the initiatives.

Similar proposals gained traction last summer and during the lame duck voting session after the state Department of Labor and Workforce Development revealed that New Jersey businesses would have to pay $252 million beginning in October 2021 to replenish the state’s unemployment trust fund.

Employers could be eligible for thousands of dollars in subsidies under a proposal approved by a state Assembly panel on Feb. 3.

“It was completely shocking to discover at the beginning of the pandemic — when New Jersey was hit so hard and our hospitals were in desperate need of masks and ventilators — that we had no way of knowing the quantity, location, or production of these supplies,” the bill’s main sponsor, U.S. Rep. Josh Gottheimer, said in a prepared statement.

The first of their kind in the new session, the measures are meant to curtail New Jersey’s notoriously high property taxes and cost of living.