NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
Nearly two years since it was first introduced, S-3246 – Sarlo (D36); Singleton (D7); Oroho (R24); Bucco (R25) / A-4807 Benson (D14); Bucco (R25); Freiman (D16) is poised to land on Governor Murphy’s desk on Monday night. This bill will allow pass-through entities, which are mostly small businesses like S-corps, LLCs and partnerships, to claim […]
This week the New Jersey Economic Development Authority (EDA) Board launched the Opportunity Zone Challenge Program aimed at supporting community efforts to attract investments in Opportunity Zones. These grants will be awarded through the program to fund municipal and county-level financial and technical planning around Opportunity Zone economic development. The EDA also announced it will […]
President Donald Trump is unveiling the framework of a tax reform plan in Indiana today that would cut individual and corporate taxes and eliminate many exemptions and deductions. The “Unified Framework for Fixing Our Broken Tax Code,” which several media outlets published online prior to the president’s speech, would lower the corporate income tax rate […]
Each year the Council on State Taxation (COST) and the State Tax Research Institute (STRI), jointly publishes an analysis on state and local business taxes. In my opinion, it is one of the most thorough and comprehensive studies on business taxes out there. As such, I wanted to share their 15th annual study, “Total State […]
On behalf of our 20,000 member companies, the New Jersey Business and Industry Association (NJBIA) strongly supports A-4432, (Schaer/Lampitt/Benson). This legislation allows certain businesses having collaborative research relationships with institutions of higher education to receive tax credits under the Grow New Jersey Assistance Program. We urge you to vote “yes” when the bill comes before […]
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New Jersey Business & Industry Association
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