The New Jersey Department of the Treasury today released $114 million of the $235 million in spending that had been placed into reserve in July to help maintain a balanced budget and a responsible surplus pursuant to Executive Order No. 73 signed by Governor Murphy. The Executive Order (EO) was deemed necessary after the Fiscal Year […]
FY 2020 Budget
Senate President Wants State Treasurer to Testify on Spending Freeze
Senate President Stephen Sweeney says he wants State Treasurer Elizabeth Muoio to answer questions from the Senate budget panel about the administration’s freeze of $235 million in appropriations included in the FY 2020 budget signed six weeks ago by the governor. NJ.com reported Monday that Sweeney is not satisfied with answers Muoio has provided in […]
FY 2020 State Budget
To: Members of the Assembly Budget Committee From: Andrew Musick, Vice President, Government Affairs Date: March 27, 2019 Re: FY 2020 State Budget On behalf of our member companies that provide more than 1 million jobs in the state and make us the largest statewide business association in the country, the New Jersey Business and […]
DEP Commissioner Catherine R. McCabe Testifies Before Budget Committees
DEP Commissioner McCabe gave testimony before both the Senate and Assembly budget committees in the last two weeks. While speaking generally about the Murphy Administration’s policies on climate change, environmental justice, and holding companies responsible for the pollution they cause, the Commissioner did address several specific issues that could impact the business community. Fees: NJBIA […]
Labor Commissioner Presents Budget to the Senate Budget Committee
Labor Commissioner Robert Asaro-Angelo proposed a $171 million budget for Fiscal Year 2020, a decrease of $1.1 million under the fiscal year FY 2019 adjusted appropriation of $172.1 million. Asaro-Angelo highlighted the Department’s efforts to improve the service constituents receive when they apply for unemployment, family leave or temporary disability insurance benefits. He also emphasized […]