More than 90 members of the New Jersey Business Coalition, including NJBIA, submitted a letter to the state Joint Budget Oversight Committee this week with recommendations regarding the allocation of $6.4 billion in American Rescue Plan Act funds to “best protect our taxpayers and bolster our state’s economy” coming out of the pandemic.
Among some of the requests are efforts to stimulate the economy through pro-growth spending and a replenishment of the Unemployment Insurance Trust Fund, support for hiring, and further workforce development, infrastructure and innovation investments.
To read the full letter, click here.