NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
Responsible, short-term borrowing may be appropriate to assist in needed revenue collections and to avoid painful tax increases to balance New Jersey’s FY2021 budget, the New Jersey Business & Industry Association testified today. However, NJBIA Vice President of Government Affairs Christopher Emigholz cautioned the Assembly Budget Committee that the authorization of $5 billion in borrowing […]
New ideas are continuing to emerge to confront the looming state budget crisis that New Jersey and all states will face due to COVID-19’s impact on the economy and state tax revenues. Gov. Phil Murphy has discussed the possibility of New Jersey borrowing billions to shore up the state budget. In fact, he even floated […]
NJBIA supported bills before an Assembly committee on Thursday that assist manufacturers by incentivizing capital investment and promoting workforce training opportunities in the industry. The Assembly Commerce and Economic Development Committee voted to release both bills, A-2624, sponsored by Assemblywoman Carol Murphy, (D-7), and A-1431, sponsored by Assemblywoman BettyLou DeCroce, (R-26), and Assemblyman Andrew Zwicker, […]
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