NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
Tax incentive programs are a key tool in New Jersey’s economic development strategy because they help offset the impact of the state’s challenging business climate, and they need to be maintained if the state is going to continue to produce private-sector jobs, the New Jersey Business & Industry Association said today. Andrew Musick, NJBIA vice […]
Legislation allowing Jersey City to impose a 1 percent employer payroll tax would add yet another expense to businesses already facing a host of costly mandates in the highest taxed state in the nation, the New Jersey Business & Industry Association (NJBIA) said today. The Senate is scheduled today to vote on S-2581/A-4163, which would […]
The New Jersey Business & Industry Association opposes legislation before the General Assembly today that would require New Jersey to rejoin the Regional Greenhouse Gas Initiative (RGGI) in a move that could lead to higher energy costs for businesses and consumers. The bill, A-4701, is unnecessary because New Jersey’s energy generator sector is already among […]
The new law extending the successful Angel Investor Tax Credit Program to holding companies will make it easier for high-tech businesses to attract investments in their companies, the New Jersey Business & Industry Association said today as Gov. Chris Christie signed the bill, S-158 (Madden, D-4; Cruz-Perez, D-5)/A-3631 (Quijano, D-20; Schaer, D-36). “This law will promote […]
If New Jersey can improve the effectiveness of energy storage, it could substantially cut costs and increase reliability. That’s why the New Jersey Business & Industry Association (NJBIA) is supporting legislation approved by the Senate Environment and Energy Committee today to study how energy storage could help New Jersey. Under the bill, S-3064 (Smith, D-17; […]
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