NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
When the governor and legislative leaders announced an agreement to raise New Jersey’s income tax rate on millionaires, many in the business community asked, why now? NJBIA, among others, argued that businesses could ill-afford tax increases after months of little to no revenue because of the health emergency. The chairwoman of the Assembly Budget Committee […]
The second episode of NJBIA’s new TV show, “Minding Your Business,” on News 12+ featured an important discussion about the governor’s proposed $40.1 billion budget with our budget expert, VP Chris Emigholz, as well as member spotlights on ZAGO Manufacturing and Kerry Barrett Consulting. Tune in at 9:30 a.m. on Saturdays and Sundays for more […]
NJBIA Vice President of Government Affairs Christopher Emigholz issued the following statement regarding the nonpartisan Office of Legislative Services’ (OLS) state revenue projections of $37.8 billion next year, $1.4 billion more than the approximately $36.4 billion in revenues estimated by the Murphy administration. “The projections released by OLS on Tuesday further supports NJBIA’s position that […]
Business groups today urged Gov. Phil Murphy and the Legislature to work toward a more fiscally responsible FY 2021 budget that recognizes New Jersey’s economic realities. Among the calls made by the groups were the elimination of $1 billion in new taxes and a large reduction of $4 billion in borrowing proposed by Governor Murphy. […]
Before the Murphy administration can start borrowing money to plug state budget gaps, a challenge to the new law has to get past the New Jersey State Supreme Court, which yesterday heard arguments for and against this unprecedented authority. Last month, lawmakers approved a law allowing the state to borrow nearly $10 billion to cover […]
Everything you need in one email.
© 2019 NJBIA. All rights reserved.
New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
Tel: 609-393-7707
If you need assistance, contact our membership department at 609-393-7707, ext. 2673.