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2018 01 16 Swearing in of Gov Murphy SPhil Murphy, a Democrat entering elected office for the first time, was sworn in as the Garden State's 56th governor just before noon Tuesday during a ceremony at the Patriots Theater at the War Memorial in Trenton.

 

On behalf of the New Jersey Chamber of Commerce and its Board of Directors, I want to congratulate Phil Murphy on his inauguration today as New Jersey's 56th governor and also congratulate Shelia Oliver for becoming our new lieutenant governor.

 

2018 01 11 Chris Christie SGov. Chris Christie on Thursday signed the legislation that would allow for Amazon to receive up to $5 billion in state incentives were it to develop its second headquarters in New Jersey. The bill, coupled with the city of Newark’s HQ2 bid, would offer up to $7 billion in local and state incentives to the ecommerce giant.

 

2018 01 09 Christie Farewell SChristie will bid farewell as he gives his eighth State of the State address. He's the first governor to do so in nearly three decades. Christie leaves office at noon Jan. 16.

 

Under the Christie administration, we witnessed significant economic progress behind a series of initiatives that had bipartisan support, including tax cuts, debt reduction, renewal of the Transportation Trust Fund, the Economic Opportunity Act and a reduction in job-killing regulations. These actions, all supported by the NJ Chamber, helped lead to seven consecutive years of private sector job growth.

 

2018 01 08 Byrne Memorial SThey came from both sides of the aisle today to say goodbye to a man who changed New Jersey.

Democrats and Republicans. Former governors and political leaders. Family and friends. And people who never met him.

Gov. Brendan T. Byrne was being remembered today in a memorial service at the Paper Mill Playhouse in Millburn, not far from where he had made his home in the years after retiring from office.

 

2018 01 05 Gottheimer SNew Jersey Democrats, including Gov.-elect Phil Murphy, think they’ve found a giant loophole in the new federal tax code and want to leverage it to allow homeowners across the state to keep deducting their property taxes, skirting a new $10,000 cap on such write-offs that was imposed by the law President Donald Trump signed last month.

 

Gov. Byrne was a lifelong supporter of the business community and the NJ Chamber and we will all fondly remember his annual attendance at our Walk to Washington, which he attended an astounding 51 times.

 

2018 01 04 Brendan Byrne RememberedWith the loss of former Gov. Brendan Byrne, New Jersey and the business community lose a sage, a staunch advocate and a mainstay in New Jersey’s political landscape for seven decades.

 

The New Jersey Chamber of Commerce says bravo to Gov.-elect Phil Murphy and Rep. Josh Gottheimer for taking the lead in addressing the negative impact of the property tax deduction limitation mandated by the new federal tax reform law. Kudos also to state Senate President Steve Sweeney who we understand has endorsed their proposal.

 

2018 01 03 TAB NJTVWhile the tax code rewrite was working its way through congress, New Jersey Chamber of Commerce President and CEO Thomas Bracken called it “very dangerous” for New Jersey, warning it would harm property values and make the state “less competitive.” What does he think now? Recently Bracken, an NJTV trustee, sat down with business correspondent Rhonda Schaffler.

 

For many property taxpayers in New Jersey, this could ease some of the sting - at least for the year 2018 - of the recently approved federal tax reform legislation.

While this is a welcome benefit to those who can take advantage of a prepayment, it does not negate the fact that the net impact of the new 'Tax Reform and Jobs Act' will be a negative to our state.