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2016 05 18 njcc golf tmPro athletes in every sport seem to have two things in common - they love to golf and they are good at it. Former New Jersey Devils goalie Chris Terreri supported that notion by nailing a hole-in-one on Hole 13 at the New Jersey Chamber Challenge golf outing at The Bedens Brook Club in Skillman on May 16.

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.

2016 05 06 bracken tmNew Jersey Chamber of Commerce CEO and President Tom Bracken says a meeting between the state's legislative and business leaders is long overdue.

Following up on comments made by Assembly Minority Leader Jon Bramnick (R-Westfield) earlier in the week that legislative leaders should come together to work on a compromise measure in the ongoing Atlantic City saga and should continue to meet on a regular basis, Bracken said that such an idea was encouraging.

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.

2016 04 13 Tom Bracken New Jersey's business groups welcomed news Tuesday from Gov. Chris Christie that the state's Unemployment Insurance Trust Fund had reached a surplus of about $1 billion and would lead to a roughly $200 million tax cut for employers.

2016 04 12 Christie tmNew Jersey businesses will see their taxes drop by about $48 per employee this summer. Governor Christie announced Tuesday that after running a deficit for several years, the account that pays unemployment claims is now well into the black. Christie said the roughly $1 billion balance in the fund will trigger about $200 million in cuts to the state unemployment insurance tax on businesses. That means the average business, which has paid about $700 a year per employee into the fund, will pay about $652 a year for each worker, the administration said — the first such tax cut since 1998.

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.