The Assembly Appropriations Committee approved legislation that would allow taxpayers a way to work around the new $10,000 federal cap on the State and Local Tax (SALT) deduction. Legislation to subsidize the state’s nuclear power plants was also approved. Property Tax Deduction, A-3499 (McKeon, D-27; Jasey, D-27)/S-1893 (Sarlo, D-36; Sweeney, D-3) Released by Assembly Appropriations Committee, […]
Nuclear Power
Three Major Energy Bills Before Budget Negotiations
Usually at this time of year, all of the talk under the golden dome is budget related. However, the legislature has parted with the usual budget break to continue legislative committees and a voting session to consider hotly contested bills before the traditional budget negotiations begin. On Thursday, April 5, both the Senate and […]
Wednesday Hearing on Nuclear Power
While the legislature typically only meets on Monday and Thursdays, a special session is being convened tomorrow, Wednesday, December 20 for a joint meeting of the Assembly Telecommunications & Utilities Committee and the Senate Energy & Environment Committee. They will consider A-5330 (McKeon, Burzichelli, DeAngelo, Taliferro)/S-3560 (Sweeney, Smith, Van Drew), which would establish a nuclear […]
NJBIA Seeks Amendments to Nuclear Power Bill
The New Jersey Business & Industry Association is seeking amendments to better protect commercial and industrial ratepayers when a joint legislative committee meets on Wednesday to consider a bill that would require the Board of Public Utilities to develop regulations for nuclear power plants delivering electricity in New Jersey. The Assembly Telecommunications & Utilities Committee […]