Call Us: (609) 989-7888

Tracking Legislation and Other Items Important to the Business Community:

Economic Development
Assembly Commerce and Economic Development Committee
Thumbs Up

Expediting Permits
A-1768 (Burzichelli/D-3; Rumana/R-40)

Assembly committee passed. Directs every state agency to identify permits that can be expedited by issuing a general permit instead. This reform measure implements one of the findings of the "Red Tape Review Commission Findings and Recommendations" report, issued February 2012.

Assembly Commerce and Economic Development Committee A-1768 Vote: Johnson, Gordon M. (C) - Yes; Pintor Marin, Eliana (VC) - Yes; Auth, Robert - Yes; Bucco, Anthony M. - Yes; Chiaravalloti, Nicholas - Yes; Coughlin, Craig J. - Yes; DeCroce, BettyLou - Yes; Eustace, Tim - Yes; Mukherji, Raj - Yes; Munoz, Nancy F. - Yes; Muoio, Elizabeth Maher - Yes; Oliver, Sheila Y. - Yes

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

STEM Fellowship
S-176 (Bateman/R-16)

Senate committee passed. Dedicates workforce development funds for a New Jersey STEM Entrepreneur Fellowship Program in the Department of Labor and Workforce Development. The program will be designed by the department in consultation with the New Jersey Economic Development Authority and the Secretary of Higher Education.

Senate Labor Committee S-176 Vote: Madden, Fred H. (C) - Yes; Vitale, Joseph F. (VC) - Yes; Addiego, Dawn Marie - Yes; Bucco, Anthony R. - Yes; Cunningham, Sandra B. - Yes

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

RGGI
A-1493 (McKeon/D-27; Gusciora/D-15; Vainieri Huttle/D-37)

Assembly committee passed. Requires participation in the Regional Greenhouse Gas Initiative (RGGI). The State Chamber opposes this measure because the RGGI program was not effective in cutting emissions of carbon dioxide and the program ultimately contributed to higher energy prices for residents and businesses in New Jersey.

Assembly Environment and Solid Waste Committee A-1493 Vote: Spencer, L. Grace (C) - Yes; McKeon, John F. (VC) - Yes; Auth, Robert - No; Rumana, Scott T. - No; Wisniewski, John S. - Yes; Zwicker, Andrew - Yes

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

 

Assembly Environment and Solid Waste Committee
Thumbs Down

Blocks DEP Rule
ACR-160 (McKeon/D-27; Spencer/D-29)

Assembly committee passed. Prohibits adoption of DEP's proposed rules and regulations to revise its Flood Hazard Area Control Act Rules, Coastal Zone Management Rules, and Stormwater Management Rules. The State Chamber disagrees with the resolution. The proposed rules and regulations are the product of years of work from various stakeholders and maintains the DEP's intent on easing regulatory burdens by clarifying and consolidating many sections of the rules. Additionally, the regulation will add appropriate flexibility and provide greater consistency with federal, local, and other state requirements.

Assembly Environment and Solid Waste Committee ACR-160 Vote: Spencer, L. Grace (C) - Yes; McKeon, John F. (VC) - Yes; Auth, Robert - No; Rumana, Scott T. - Abstain; Wisniewski, John S. - Yes; Zwicker, Andrew - Yes

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

 

Senate Environment and Energy Committee
Thumbs Down

Renewable Energy Requirement
S-1707 (Smith/D-17; Bateman/R-16; Gordon/D-38)

Senate committee passed. Requires a certain percentage of the electricity sold in this state to be from Class I renewable energy. The percentage of electricity sold in this state that is from Class I renewable energy is to increase once every five energy years between 2015 and 2050.

Senate Environment and Energy Committee S-1707 Vote: Smith, Bob. (C) - Yes; Greenstein, Linda R. (VC) - Yes; Bateman, Christopher - Not Voting; Codey, Richard J. - Yes; Thompson, Samuel D. - Not Voting

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

 

Senate Environment and Energy Committee
Thumbs Down

Stormwater Utilities
S-762 (Smith/D-17; Bateman/R-16)

Senate committee passed. Authorizes counties, county utilities authorities, municipalities and municipal utilities authorities that hold a combined sewer systems general permit to regulate combined sewer overflows, and to establish and maintain a stormwater utility management system financed through user fees. This bill would place an additional tax on businesses that may already be paying their fair share of stormwater permit fees to the NJ Department of Environmental Protection.

Senate Environment and Energy Committee S-762 Vote: Smith, Bob. (C) - Yes; Greenstein, Linda R. (VC) - Yes; Bateman, Christopher - Not Voting; Codey, Richard J. - Yes; Thompson, Samuel D. - Not Voting

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Legal
Assembly Commerce and Economic Development Committee
Thumbs Up

Bad Faith Assertions
A-310 (Singleton/D-7; Bucco/R-25; Wimberly/D-35)

Assembly committee passed. Protects New Jersey businesses from abusive patent litigation prompted by bad faith assertions of patent infringement. The bill also provides the Attorney General the authority to make rules, conduct civil investigations, bring civil actions, and obtain injunctions for conduct involving bad faith assertions of patent infringement.

Assembly Commerce and Economic Development Committee A-310 Vote: Johnson, Gordon M. (C) - Yes; Pintor Marin, Eliana (VC) - Yes; Auth, Robert - Yes; Bucco, Anthony M. - Yes; Chiaravalloti, Nicholas - Yes; Coughlin, Craig J. - Yes; DeCroce, BettyLou - Yes; Eustace, Tim - Yes; Mukherji, Raj - Yes; Munoz, Nancy F. - Yes; Muoio, Elizabeth Maher - Yes; Oliver, Sheila Y. - Yes

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

Mandatory Unitary Combined Reporting
S-982 (Lesniak/D-20; Sarlo/D-36) For discussion only.

Requires members of unitary business groups to file combined reports of corporation business tax. There is substantial uncertainty over the revenue impacts of combined reporting. The State Chamber believes there will be significant increases and decreases in tax liabilities, increases in administrative and litigation costs for businesses, and negative impacts on the state's overall economy.

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

 

Senate Budget and Appropriations Committee
Thumbs Up

Estate Tax Phase-out/Elimination
S-1728 (Sarlo/D-36; Oroho/R-24; Van Drew/D-1)

Senate committee passed. Phases out the New Jersey estate tax over five years, first by replacing the current $675,000 threshold with a $1 million exclusion, and then increasing that exclusion amount until the tax is eliminated. The phase-out of the estate tax will keep more citizens and businesses in New Jersey, who in turn will pay more in taxes, which means they will spend more money to improve the economy.

Senate Budget and Appropriations Committee S-1728 Vote: Sarlo, Paul A. (C) - Yes; Stack, Brian P. (VC) - Abstain; Barnes, Peter J. - Yes; Beck, Jennifer - Yes; Bucco, Anthony R. - Yes; Cunningham, Sandra B. - Abstain; Greenstein, Linda R. - Abstain; Kean, Thomas H. - Yes; O'Toole, Kevin J. - Yes; Oroho, Steven V. - Yes; Ruiz, M. Teresa - Abstain; Smith, Bob - Yes; Van Drew, Jeff - Yes

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

 

Senate Budget and Appropriations Committee
Thumbs Up

Pension and Retirement Income Exclusion
S-998 (Sarlo/D-36; Oroho/R-24; Sweeney/D-3)

Senate committee passed. Increases the personal income tax's pension and retirement income tax exclusion fivefold over three years. The bill would apply to individuals who are 62 years old or older on the last day of the tax year, or who qualify as disabled under Social Security guidelines, allowing for a "pension exclusion" on pensions, annuities, and IRA withdrawals on their gross income for the entire year. New Jersey's neighboring states all have friendlier income tax policies for their retirees. Among the 41 states with a broad-based income tax, 36 offer exclusions for state or federal pension income or both, exclusions for retirement income, or tax credits targeted at the elderly.

Senate Budget and Appropriations Committee S-998 Vote: Sarlo, Paul A. (C) - Yes; Stack, Brian P. (VC) - Yes; Barnes, Peter J. - Yes; Beck, Jennifer - Yes; Bucco, Anthony R. - Yes; Cunningham, Sandra B. - Yes; Greenstein, Linda R. - Abstain; Kean, Thomas H. - Yes; O'Toole, Kevin J. - Yes; Oroho, Steven V. - Yes; Ruiz, M. Teresa - Yes; Smith, Bob - Yes; Van Drew, Jeff - Yes

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

Imposes Tax on Telephone Companies
A-184 (Caputo/D-28; Gusciora/D-15; Danielsen/D-17): Held for discussion only.

Clarifies the application of the business personal property tax on local exchange telephone companies that were subject to the tax as of 1997. Since its inception, business personal property taxes (BPPT) have harmed our state's marketplace by imposing unnecessary financial burdens on certain business enterprises - most notably, our state's incumbent phone carriers. Discriminatory taxes like this hurt the economy and our state's workers by impeding investment in infrastructure improvements and new products and services. Structuring taxes against one particular business could lead to unfair treatment of other industries down the road, and would set a bad precedent.

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

Thumbs up and down indicates the Chamber's support or opposition to issues. Call the New Jersey Chamber Government Relations Department at (609) 989-7888 with questions or comments.

Trenton Watch Archive