Gov. Phil Murphy on Wednesday signed into law legislation, supported by NJBIA, which extends the expiration date of New Jersey’s Urban Enterprise Zones (UEZ) through 2023 and reinstates the former UEZs in Bridgeton, Camden, Newark, Plainfield and Trenton. The law also requires the Department of Community Affairs (DCA) to conduct a comprehensive analysis of the […]
UEZ
Compromise Paid Sick Leave Bill Gets Final Approval
Legislators gave final approval to a bill mandating that companies provide paid sick leave, but not before making substantial amendments that will ease the burden on businesses. Among other things, the revised bill permits existing paid-time-off plans to satisfy the measure’s requirements and overrides a dozen or so local existing ordinances so businesses have to […]
NJBIA support of S-846 (Turner, Cruz-Perez) which extends the duration of the first five designated UEZs until September 30, 2019; requires the UEZ authority to assess and issue a report on the UEZ program.
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Legislation to extend UEZ Expiration Dates
Last week, the Senate Economic Growth Committee approved S-846 (Turner), which would provide a 10-year extension for the expiration dates of New Jersey’s Urban Enterprise Zones (UEZ). The bill also applies to the UEZ communities of Bridgeton, Camden, Newark, Plainfield and Trenton, whose designation expired at the end of 2016. NJBIA supports the bill. For […]
NJBIA Supports Bill to Extend UEZs
The expiration date for New Jersey’s Urban Enterprise Zones (UEZ) would be extended for 10 years under legislation released by the Senate Economic Growth Committee today. The bill would also apply to the UEZ communities of Bridgeton, Camden, Newark, Plainfield and Trenton, whose designation expired at the end of 2016. The New Jersey Business & […]