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Over 100 New Jersey Leaders Come Out in Support of Economic Recovery and Tax Incentives Reform Legislation

Press Releases
Over 100 New Jersey Leaders Come Out in Support of Economic Recovery and Tax Incentives Reform Legislation
December 21, 2020, 11:56 am | in
Over 100 New Jersey Leaders Come Out in Support of Economic Recovery and Tax Incentives Reform Legislation
12/20/2020
TRENTON – Over 100 leaders in government, the private sector, and labor from across the state expressed their support for the New Jersey Economic Recovery Act of 2020, which will be voted on in the Legislature on Monday:
GOVERNOR MURPHY AND LEGISLATORS
“We are proud to announce that we have reached an agreement on a comprehensive economic recovery package that will support small businesses, drive sustainable economic growth, and reform our tax incentives system. This plan will specifically target historically underserved communities that have also been disproportionately impacted by COVID-19 with tailored programs to combat food deserts, spur brownfields r ....

Murray Hill , New Jersey , United States , State Of New Jersey , Atlantic City , Hudson County , Union County , Borough Of Roselle , Rutgers University , New Brunswick , East Brunswick , Burlington County , Berkeley Heights , Bergen County , Middlesex County , Mount Laurel , Township Of Irvington , Essex County , Cumberland County , New Jersey Institute Of Technology , New Jerseyans , Ras Baraka , Eliana Pintor Marin , Carlosm Rodriguez , Paul Sarlo , Angie Devanney ,

Ahead of Senate and Assembly Committee Hearings, New Jersey Leaders Applaud Economic Recovery and Tax Incentives Reform Legislation

Press Releases
Ahead of Senate and Assembly Committee Hearings, New Jersey Leaders Applaud Economic Recovery and Tax Incentives Reform Legislation
December 17, 2020, 11:10 pm | in
Ahead of Senate and Assembly Committee Hearings, New Jersey Leaders Applaud Economic Recovery and Tax Incentives Reform Legislation
12/17/2020
“This long-awaited incentive reform package will offer valuable support to the state’s entrepreneurial and innovation ecosystem. It is both comprehensive and sufficiently funded to help attract and retain more companies,”
said James Barrood, Advisor at Tech Council Ventures. “The investor community is pleased to see Evergreen funding and increases in the state’s popular angel credit and NOL programs. I am also encouraged by the Main Street Recovery programs and the additional funds supporting minority businesses. Our small business community, especially our minority-owned businesses, have been battered ....

Rutgers University , New Jersey , United States , Atlantic City , State Of New Jersey , New Jersey Institute Of Technology , Jose Lozano , Carlosm Rodriguez , Chris Paladino , Johnw Kennedy , Carlos Medina , Tom Bracken , Kevin Quinn , Marc Perrone , Carl Van Horn , Ajay Bhatti , Kevin Brown , Harvey Kesselman , Dan Borok , Jim Gunton , Maisha Glover , Beth Simone Noveck , Christinam Renna , Tim Sullivan , Pintor Marin , Tom Wisniewski ,

"Classic Trenton": Murphy Agrees To Plan Worth $11.5 Billion In Corporate Tax Breaks

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Governor Murphy in the NJ state house in February 2020
Governor Murphy s Office
New Jersey is on the verge of passing a new tax break program that could give away as much as $11.5 billion over the next six years. A draft of the bill became public today, and it looks to have some of the same gifts to political insiders that doomed its predecessor.
Governor Phil Murphy announced that he and legislative leaders reached an agreement on a revamped tax incentive program last week and a draft of the bill became available today.
“It’s got a lot that we should feel good about,” Murphy said. “It has caps. It’s got strong compliance standards. It does a lot for communities that have been hit hard by COVID.” ....

New Jersey , United States , Parker Mccay , George Norcross , Brandon Mckoy , Philip Norcross , Phil Murphy , John Burzichelli , Tom Bracken , Cooper Ferry Partnership , Jersey Office Of The Attorney General , Jersey Chamber , Jersey State Chamber , Assembly Appropriations Committee , Democratic Party , State Legislature , New Jersey Policy , Classic Trenton , Nancy Solomon , New Jersey Office , Economic Opportunity Act , Garden State Growth Zone , Ferry Partnership , Assemblyman John Burzichelli , Pinelands Protection , New Jersey Chamber ,