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The New Jersey Chamber of Commerce welcomes the news that the state's Unemployment Insurance Trust Fund is back to fiscal health and that New Jersey employers will realize $380 million in tax savings beginning in July, 2016.

2016 05 10 RTB tmbState leaders have no shortage of "looming disasters" to solve, ranging from a fund to pay for road, bridge and mass transit maintenance that is on the verge of insolvency to a fund to pay public workers' pensions that is falling further into debt at a pace of $10 million per day, Assemblyman Gary Schaer told N.J. Chamber members. And that doesn't include other issues bouncing around the State House, such as education funding, higher education funding and how to address Atlantic City's budget issues, the assemblyman added.

N.J. Chamber President and CEO Tom Bracken's statement on the state Senate's decision not to vote on paid sick leave legislation:

The New Jersey Chamber of Commerce believes it is good news that the New Jersey state Senate decided not to vote Monday on Senate Bill S799, the legislation that forces employers to offer paid sick leave.

N.J. Chamber President and CEO Tom Bracken's statement on Assembly Republican Leader Jon Bramnick's proposal for the legislative leaders and the governor to meet quarterly to discuss issues facing the state:

What Assembly Republican Leader Jon Bramnick is saying is what the New Jersey Chamber of Commerce has been preaching since the New Jersey Business Summit last September: Ongoing face-to-face dialogue is the best way to work through issues the state is facing and the best way to formulate actions and remedies.

Lauren Lalicon has joined the New Jersey Chamber of Commerce as director of government relations, where she will advocate for pro-business issues concentrating on economic development, taxation, and health care. Lauren will be reporting to Michael Egenton, executive vice president of government relations with the Chamber.

2016 04 20 Member Breakfast tmNew Jersey Chamber of Commerce members exchanged business cards and discussed the latest Chamber programs, events and ways to grow their businesses at a networking event at the home base of NJ Sharing Network in New Providence on April 20.

NJ Chamber Roundtable BreakfastThe state's special account that funds projects to maintain and improve New Jersey's highways, bridges and mass transit will run out of money this July, and many observers are startled by how little progress appears to have been made toward a solution - such as an increase in the per-gallon gas tax to generate new revenue.

This positive development means employers will pay less into the fund and will instead invest more in their businesses and in New Jersey's economic growth.

NJ Chamber Roundtable BreakfastA proposal in the Legislature to constitutionally require the state to make payments into its massively underfunded public employee pension fund would only deepen New Jersey’s fiscal problems, warned Thomas J. Healey, who coordinates the work of New Jersey’s bi-partisan Pension and Benefits Study Commission.

NJ Chamber Roundtable BreakfastThe state's impending transportation funding crisis can be solved in the next few months, and the Christie Administration will lead a push for the outright elimination of the New Jersey estate tax during its last two years in office.

These assertions were made by newly appointed Acting State Treasurer Ford M. Scudder, during an address to business leaders March 9 at a breakfast in East Windsor sponsored jointly by the New Jersey Chamber of Commerce and the New Jersey Business & Industry Association.