The New Jersey Business & Industry Association today urged voters to approve Public Question No. 2 on the ballot Tuesday, November 8—the proposed constitutional amendment ensuring all motor fuels tax and petroleum products gross receipts tax revenues that are collected go toward infrastructure projects. If the funds are not constitutionally dedicated to this purpose the […]
transportation trust fund
Governor Chris Christie signed legislation late Friday approving comprehensive tax reform and reauthorization of the Transportation Trust Fund.
The New Jersey Business & Industry Association today urged the Senate and Assembly to give their approval to compromise legislation that would reauthorize the Transportation Trust Fund while providing long needed comprehensive tax reform.
The New Jersey Business & Industry Association praised the bipartisan compromise to reauthorize the Transportation Trust Fund that was announced today. In particular, NJBIA is pleased that the compromise includes the elimination of the estate tax and the increase in the income tax exclusion for retirement income.
The New Jersey Business & Industry Association said fiscal accountability prevailed at the Statehouse today as the Senate allowed the Aug. 8 statutory deadline to pass for placing a constitutional amendment about public pensions on the ballot in 2016, effectively shutting down the effort that would have led to yearly budget crises and tax increases […]