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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Democratic Bill to Promote Cost-Cutting Small Business Improvements Gets Panel OKLegislation Assembly Democrats Troy Singleton, Herb Conaway Jr., Paul Moriarty, Jerry Green, Pamela Lampitt and Vincent Mazzeo sponsored to facilitate cost-effective environmentally friendly improvements for small businesses was advanced Thursday by an Assembly panel.
"Making their locations more energy efficient has the potential to save small businesses thousands of dollars each year," said Singleton (D-Burlington). "This legislation will go a long way toward helping to keep the costs of lighting, heating, ventilation and air conditioning systems and other similar expenses at a minimum and increasing overall profitability for small businesses in New Jersey."
Assembly Panel Green-Lights Democratic Legislation to Expand NJ Film Tax Credit
Johnson, Garcia, Vainieri Huttle, Lagana & Mukherji Bill Would Restore Christie Cuts to Help Reinvigorate Industry in New JerseyAn Assembly panel on Thursday gave the green light to legislation sponsored by Assembly Democrats Gordon Johnson, Carmelo G. Garcia, Valerie Vainieri Huttle, Joseph Lagana and Raj Mukherji that would expand New Jersey's film and digital media production tax credit program in order to generate jobs, revenue and a slew of other ancillary benefits.
"The expansion of this tax credit will give New Jersey the shot in the arm it needs to once again attract film and digital media productions that have added so much to our economy in past years," said Johnson (D-Bergen). "We need to fix the mistake that was made when this credit was suspended and create an even more powerful economic development tool for our state."
Additional Prieto-led Vocational Education Improvement Bills Get Final Legislative OKTwo Bills Also Sponsored by Jasey, Johnson, Caride, Mosquera, Diegnan, Watson Coleman, Fuentes & Benson
Two additional bills that were part of a sweeping vocational education improvement package sponsored by Assembly Speaker Vincent Prieto were approved Thursday by the Senate, meaning all seven bills of the bills have received final legislative approval.
"We cannot rest idle while businesses and jobs change and the global economy becomes more competitive," Prieto said. "In the end, this is all about jobs and a stronger economy, so we need to take steps such as these to ensure our state is at the cutting edge of educational offerings…"
More Higher Education Reform, Protecting Greenhouse Gas Reduction Rules, Withdrawing from Waterfront Commission, Increased Property Tax Appeal Transparency & Drug Treatment for Inmates Top Thursday Assembly Committee MeetingsFilm & Digital Media Tax Credit, Combating Overdoses, Helping Biz Make Energy Improvements, Securing Personal Health Info, Expediting Vacant Building Maintenance & Modernized Corporate Laws Also on Tap
More higher education reform, protecting New Jersey's greenhouse gas reduction regulations, withdrawing New Jersey from the Waterfront Commission of New York Harbor, expanding the state's film and digital media production tax credit program, increasing transparency for appealing property tax assessments and improving drug treatment for inmates are among the highlights for Thursday's Assembly committee meetings...