Call Us: (609) 989-7888
Economic Development
Thumbs Up

New Business Incentive - S-3033
(Lesniak/D-20; Kyrillos/R-13; Coutinho/D-29; Conaway/D-7; Bucco/R-25; Chiusano/R-24; Ramos/D-33):

Assembly passed 61-2-5. Senate passed 37-0 and sent to Governor. This bill establishes a $200 million "Grow New Jersey" tax credit program. The program's cost would fall under the $1.5 billion cap established under the Urban Transit Hub Tax Credit program, and the initial allocation could be increased at the discretion of the New Jersey Economic Development Authority. An eligible business must have a minimum of 100 new or retained full-time employees and make a capital investment of at least $20 million. Thecredit is $5,000 per employee, per year for up to ten years with the potential for a bonus award of an additional $3,000 per employee per year.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Senate Budget and Appropriations Committee
Thumbs Up

Codifying Business Action Center - S-3079
(Lesniak/D-20; Kyrillos/R-13; Coutinho/D-29; Conaway/D-7; Bucco/R-25; Chiusano/R-24; Ramos/D-33):

Assembly passed 61-2-5. Senate passed 37-0 and sent to Governor. This bill establishes a $200 million "Grow New Jersey" tax credit program. The program's cost would fall under the $1.5 billion cap established under the Urban Transit Hub Tax Credit program, and the initial allocation could be increased at the discretion of the New Jersey Economic Development Authority. An eligible business must have a minimum of 100 new or retained full-time employees and make a capital investment of at least $20 million. Thecredit is $5,000 per employee, per year for up to ten years with the potential for a bonus award of an additional $3,000 per employee per year.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Assembly Housing and Local Government Committee
Thumbs Up

Permit Extension Act - A-4422
(Greenwald/D-6; DeCroce/R-26; Green/D-22; Milam/D-1; Moriarty/D-4):

Committee passed. This bill extends the expiration date of permit approvals to December 31, 2014. The bill also clarifies that the extension applies to smart growth areas. The poor economic climate has severely affected the state's banking, real estate and construction sectors. Businesses cannot easily obtain financing under existing economic conditions and in some cases are forced to delay scheduled projects that have already been approved by a government entity and granted permits. Such delays result in some of these permit approvals expiring before the projects are completed. Given that the permit application process is extremely time consuming and expensive, it makes sense to allow additional time for stalled projects to be completed.

Assembly Housing and Local Government Committee A-4422 Vote: Green, Jerry (Chair) - Yes; Benson, Daniel R. - Yes; Carroll, Michael Patrick - Yes; Riley, Celeste M. - Yes; Ryan, Kevin J. - Not Voting; Singleton, Troy - Yes; Vandervalk, Charlotte - Yes

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Energy
Senate Environment and Energy Committee
Thumbs Up

Societal Benefits Charge - A-2528
(Chivukula/D-17; Quijano/D-20):

Committee passed. Assembly passed 66-7-1. This bill provides for the allocation of a "societal benefits charge" among residential, commercial and industrial utility customers. The bill was amended to allow commercial and industrial ratepayers to take a credit of up to 50 percent of the societal benefit charge to offset the cost of BPU-approved energy efficient projects.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Thumbs Down

Hydraulic Fracturing - SR98
(Gordon/D-38):

Senate passed by voice vote. This resolution urges the Congress and President to enact H.R. 1084 and S.587, which would repeal the exemption for hydraulic fracturing under the federal "Safe Drinking Water Act" and require disclosure of the chemicals used during hydraulic fracturing.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Environment
Assembly Regulatory Oversight and Gaming Committee
Thumbs Down

Waiver Rule - ACR206
(Barnes/D-18; McKeon/D-27; Gusciora/D-15):

Committee passed. This resolution states that the rules and regulations for the "waiver rule" proposed by the Department of Environmental Protection (DEP) are inconsistent with legislative intent. The New Jersey Chamber believes the waiver rule, which allows the DEP to waive strict compliance with regulations in certain limited circumstances, is consistent with the findings of the state's Red Tape Review Commission which calls for flexibility and predictability for regulated businesses.

Assembly Regulatory Oversight and Gaming Committee ACR206 Vote: Burzichelli, John J. (Chair) - Yes; Caputo, Ralph R. - Yes; Dancer, Ronald S. - No; Polistina, Vincent J. - No; Wagner, Connie - Yes

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Assembly Environment and Solid Waste Committee
Thumbs Up

Wastewater Management - A-4335
(Coutinho/D-29; Greenwald/D-6; DeCroce/R-26; McHose/R-24):

Committee passed. This bill extends wastewater service and sewer service area designations for at least 180 days, but no longer than three years; and revises certain aspects of the wastewater management planning process.

Assembly Environment and Solid Waste Committee A-4335 Vote: McKeon, John F. (Chair) - Yes; Barnes, Peter J., III - Yes; Coutinho, Albert - Yes; Coyle, Denise M. - Yes; Lampitt, Pamela R. - Not Voting; Mainor, Charles - Yes; Rible, David P. - Yes

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Government Reform
Senate State Government, Wagering, Tourism and Historic Preservation Committee
Thumbs Up

Cost Savings - S-3148
(Norcross/D-5):

Committee passed. This bill establishes procedures for districts, municipalities or voters to opt to move annual school elections to the date of the general election in November and eliminates a vote on school budgets for such districts, except for separate proposals to spend above the tax cap.

Senate State Government, Wagering, Tourism and Historic Preservation Committee S-3148 Vote: Whelan, Jim (Chair) - Yes; Gordon, Robert M. (Vice Chair) - Yes; Addiego, Dawn Marie - Yes; Bucco, Anthony R. - Abstain; Turner, Shirley K. - Yes

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Health
Thumbs Down

Health Insurance Mandate - S-1834
(Weinberg; Gill):

Senate passed 37-2. This bill requires health insurers to cover oral cancer medications on the same basis as intravenous cancer medications. The bill also prohibits a contract or policy from imposing an increase in patient cost sharing for either intravenous or oral cancer medications that are covered under the contract or policy as of the effective date of the bill. This mandate will increase health care costs for employers, who are already struggling to afford health insurance premiums.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Legal
Thumbs Down

Arbitration Agreements - A-3434
(Moriarty/D-4; Diegnan/D-18; Barnes/D-18; Watson Coleman/D-15):

Assembly passed 44-27. This bill outlines the factors for a court reviewing a contract containing an arbitration agreement. The bill may require a court to consider an arbitration agreement unconscionable if the contract is standardized and not negotiated between the parties, which would encompass a large number of existing consumer contracts and ultimately would increase costs.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Regulation
Senate Budget & Appropriations Committee
Thumbs Up

Small Business Regulatory Relief - A-2129
(Chivukula/D-17; McHose/R-24; Burzichelli/D-3):

Committee passed. Under the bill, an agency is required to conduct a review of rules that are up for re-adoption, ensuring that they have minimal impact on small businesses This bill updates the NJ Regulatory Flexibility Act so that it is consistent with the provisions of a model bill endorsed by the U.S. Small Business Administration.

Senate Budget & Appropriations Committee A-2129 Vote: Sarlo, Paul A.(Chair) - Yes; Stack, Brian P. (Vice Chair) - Yes; Beach, James - Yes; Bucco, Anthony R. - Yes; Buono, Barbara - Abstain; Cunningham, Sandra B. - Yes; Doherty, Michael J. - Yes; Greenstein, Linda R. - Yes; O'Toole, Kevin J. - Yes; Oroho, Steven V. - Yes; Pennacchio, Joseph - Yes; Ruiz, M. Teresa - Yes; Van Drew, Jeff - Yes

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Thumbs Up

Regulatory Reform - A-2464
(Burzichelli/D-3; Quijano/D-20):

Senate passed 35-2 and sent to Governor. This bill requires that all state agency rules be published in the NJ Register, and prohibits the use of regulatory guidance documents unless an agency determines that regulatory guidance is necessary in order to clarify a component of a new rule or adopted amendments to an existing rule.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Senate State Government, Wagering, Tourism and Historic Preservation Committee
Thumbs Up

Administrative Procedure Act - S-2607
(Oroho/R-24; Van Drew/D-1) & A-2922 (Burzichelli/D-3; Coughlin/D-19; Barnes/D-18; Chiusano/R-24):

Committee passed. These bills establish procedures to determine how conflicts or inconsistencies between rules of different agencies can be resolved.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Thumbs Up

Consumer Benefits - A-3133
(Riley/D-3; Coughlin/D-19; Burzichelli/D-3):

Senate passed 38-0 and sent to Governor. This bill permits the use of rebates, allowances, concessions, or benefits for motor fuel purchases on credit, debit or rewards cards. Currently New Jersey is the only state in the region that does not allow consumers to earn discounts on gasoline through frequent shopper cards or debit cards. This would give New Jersey consumers the same access to these promotions as other states.

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.

Trenton Watch Archive