Legislation that would bring much-needed regulatory relief to New Jersey businesses is being supported by the New Jersey Business & Industry Association today.
A-4810/S–441 would create and formalize the Government Efficiency and Regulatory Review (GEARR) Commission and would make permanent a red tape review commission to assist businesses when they need it most.
In written testimony to the Senate State Government, Wagering, Tourism and Historic Preservation Committee today, NJBIA Vice President of Government Affairs Christopher Emigholz said the bill would make state government “more responsive to its residents, more accessible to people and small businesses that do not always have the opportunity to impact government, and more transparent to all taxpayers.”
“Government should be constantly improving and always striving to be leaner and more efficient for the sake of good stewardship of taxpayer dollars and better quality service to its constituents, and a commission like this will push us in that direction,” Emigholz said.
Emigholz said that while businesses and manufacturers need an improved tax climate, innovation ecosystem, workforce development pipeline and infrastructure, reducing their regulatory burden is the only component for growth that will not cost the government anything.
Additionally, the formation of a commission to review New Jersey’s regulatory structure and identify inefficiencies and overly burdensome red tape was one of the recommendations made to improve the state’s innovation economy in NJBIA’s Indicators of Innovation report.
To see Emigholz’s full testimony, click here.