Assembly Commerce and Economic Development

The Assembly Commerce and Economic Development Committee is responsible for issues that affect urban enterprise zones, state and local redevelopment projects, corporate tax incentives, and business grant programs.
Democratic Research Aide:  Ben A. Graziano   
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Gusciora & Holley Bill to Encourage Redevelopment of Long-Dormant, Historic Taverns Clears Assembly

Bill Aims to Preserve & Revive Historic Watering Holes like Eagle Tavern in Trenton

Legislation sponsored by Assemblymen Reed Gusciora and Jamel Holley allowing municipalities to issue retail liquor licenses to qualified buyers looking to redevelop historic taverns into 21st century drinking and eating establishments was approved Thursday by the Assembly.

Gusciora introduced the bill in hopes of facilitating redevelopment of the abandoned Eagle Tavern on South Broad Street in Trenton, which has sat vacant for decades after several failed attempts to operate it as a restaurant.

"One of Trenton's biggest strengths is its history," said Gusciora (D-Mercer/Hunterdon). "The Eagle Tavern is one of the city's oldest buildings and served as a popular place for residents to socialize and for politicians to meet. Unfortunately, no developer is willing to undertake the costs associated with the property's redevelopment because of liquor license limitations in the city…"

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Calabrese, Jasey Bill Providing Business Assistance to LGBT, Veteran & Disabled Residents Clears Assembly

Legislation sponsored by Assembly Democrats Clinton Calabrese and Mila Jasey to provide business assistance to LGBT, veteran and disabled residents was advanced out of the General Assembly on Thursday by a vote of 54-12-6.

The bill (A-3162) would allow the New Jersey Economic Development Authority (EDA) and the state Division of Revenue to provide assistance to businesses owned by lesbian, gay, bisexual, or transgender individuals, disabled individuals, and veterans, just as it does to other minority owned businesses in the state.

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Downey, Moriarty Bill Allowing Parents or Guardians to Place Security Freeze on Child’s Consumer Report Clears Assembly

Legislation sponsored by Assembly Members Joann Downey and Paul Moriarty authorizing a parent or legal guardian to place a security freeze on a child’s consumer report cleared the full Assembly 73-0 on Thursday.

“To no fault of their own, children are some of the most vulnerable people among our population to fall victim to identity theft,” said Downey (D-Monmouth). “This bill will help ensure that identity thieves cannot reach our youth.”

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