- 2021-02-12
The New Jersey Chamber of Commerce is gratified to see that the state Senate has introduced bipartisan legislation that would provide the state’s Economic Development Authority with $300 million for loans and grants to small businesses and nonprofits.
- 2021-02-10
- ROI-NJ
Paycheck Protection Program loans will be tax exempt at the state level — and recipients will be allowed to deduct business expenses that were paid with the tax-exempt loan proceeds, thereby enhancing the tax benefits of the loans, Gov. Phil Murphy and state Treasurer Elizabeth Maher Muoio said Tuesday afternoon.
- 2021-02-04
- NJ Advance Media for NJ.com
Gov. Phil Murphy’s public schedule for Friday lists that he will sign “outdoor dining expansion legislation.”
While the governor’s advisory doesn’t list the specific bill, an office spokesperson confirmed it is the outdoor dining expansion bill that both houses of the state Legislature passed last month following Murphy’s veto of a similar bill.
- 2021-02-03
- NJ Advance Media for NJ.com
For the first time in months, New Jersey foodies will soon be able to dine out past 10 p.m.
Gov. Phil Murphy announced Wednesday morning an executive order that relaxed dining restrictions and lifted the 10 p.m. indoor dining ban that has been in place since November.
- 2021-01-27
- ROI-NJ
Average loan amount for Garden State firms is just over $106K
A total of 8,599 loans for a combined $916,748,129 have gone to New Jersey companies during the second round of the Paycheck Protection Program, the Small Business Administration reported Wednesday afternoon.
- 2021-01-20
- NJ Spotlight News
COVID-19, taxes, climate: The president-elect has signaled he is in a hurry to make big changes on these and other issues
When he becomes president Wednesday, Joseph Biden is expected to make immediate changes in policy areas upended by President Trump — first through executive orders, then through an aggressive push with a Congress controlled by Democrats.
- 2021-01-12
The New Jersey Chamber of Commerce applauds Gov. Phil Murphy for his optimism in describing his vision for New Jersey in 2021 and beyond.
When the governor gave his State of the State message last year, no one could have imagined the COVID-19 pandemic that brought unprecedented challenges to New Jersey and to its business community.
It will take more time and more help for our state’s economy to get back on its feet, but, just as the governor is optimistic about New Jersey’s future, the N.J. Chamber believes there are reasons for optimism about our state’s economic recovery.
- 2021-01-11
The SBA reopened its web portal for business loans under the Paycheck Protection Program. It has loan details and guidance. The SBA says it will forgive loans if the borrower meets employee retention criteria and uses funds for eligible expenses. Consult with your local lender as to whether it is participating in the program.
N.J. Chamber President and CEO Tom Bracken's Statement on the State's New Economic Incentive Program
- 2021-01-07
The New Jersey Chamber of Commerce thanks Gov. Phil Murphy for signing the new economic incentive legislation. The Chamber also wishes to thank the lead sponsors of the legislation, Assemblywoman Eliana Pintor Marin and Sen. Teresa Ruiz, and the other sponsors, as well as Senate President Steve Sweeney and Assembly Speaker Craig Coughlin for their efforts in crafting and managing this bill.
- 2021-01-05
- Yahoo Finance
Yahoo Finance’s Zack Guzman and Akiko Fujita discuss New Jersey’s minimum wage increase with Tom Bracken, New Jersey Chamber of Commerce President & CEO.