A long-standing property tax dispute between local governments and not-for-profit hospitals inched closer to a resolution Thursday when the Assembly passed A-1135. The bill, according its sponsor Assembly Speaker Craig Coughlin, would establish a fair and predictable system for payments. The dispute stems from a court decision in 2015 that determined nonprofit hospitals are ineligible […]
Capitol Memo
NJBIA Hosts NJDEP Senior Leadership to Discuss Environmental Justice
NJBIA hosted several senior leaders from the New Jersey Department of Environmental Protection to discuss the department’s environmental justice policies and its anticipated implementation of S-232 concerning overburdened communities (currently pending on the Governor’s desk). Chief of Staff and Deputy Commissioner Shawn LaTourette, Deputy Commissioner Olivia Glenn, and Chief Advisor for Regulatory Affairs, Sean Moriarty […]
Manufacturing, Liability and Reopening the Economy
New Jersey businesses are going to need liability protection from COVID-19 lawsuits if the state’s economy is going to reopen successfully, and that is especially true for the state’s manufacturing sector. During a hearing by the Legislature’s bipartisan Manufacturing Caucus this week, a nationally recognized expert on legal issues for manufacturers explained why a “safe […]
Senate President in No Hurry to Borrow
Should New Jersey borrow money for operating expenses? Senate President Stephen Sweeney thinks New Jersey will probably have to borrow something to make up for the massive loss of state revenues caused by the coronavirus shutdown. But he’s in no hurry. During a town hall webinar with NJBIA and the State Chamber of Commerce earlier […]
Liability, Lost Income, State Aid Top Concerns of University Presidents
With the goal of gaining an increased understanding of the COVID-19 induced challenges facing New Jersey’s institutions, the Senate Higher Education Committee held a virtual meeting on Tuesday to hear testimony from the state’s postsecondary institutions. Numerous university presidents provided feedback including, Dr. Susan Cole, Montclair State University; Dr. Joseph Nyre, Seton Hall University; Dr. […]