Energy Conference: Decarbonization - A Business Perspective REGISTER

A bill dealing with stormwater runoff maybe didn’t get the attention it deserved since it passed the Legislature on the same day as New Jersey’s $15 minimum wage. Recently, however, some news organizations have taken a second look at the bill, which is awaiting Gov. Phil Murphy’s signature.

The measure would allow local governments to create authorities to collect fees to reduce the pollution associated with stormwater runoff. NJBIA opposes the measure because it would add to the cost of doing business and New Jersey’s Department of Environmental Protection already has an extensive, and expensive, stormwater runoff program.

The bottom line: Whether you call it a tax on rain, stormwater or pavement, people in New Jersey will pay more if Murphy signs the bill.