COUTINHO & SINGLETON JOB CREATION & ECONOMIC DEVELOPMENT BILL GETS FINAL LEGISLATIVE OK

Business Action Center to be Created to Create & Retain Jobs and Keep New Jersey competitive

(TRENTON) – Legislation Assembly Democrats Albert Coutinho and Troy Singleton sponsored to create jobs and economic development to combat New Jersey’s continued high unemployment rate has received final legislative approval.
The bill (A-4337) builds upon previous Democratic job creation efforts and would establish the New Jersey Business Action Center to help New Jersey-based companies stay competitive. It was approved 47-29-2 by the Assembly earlier this month, 34-3 by the Senate on Monday and now goes to the governor.
“Nothing is more important right now than doing whatever we can to help New Jerseyans and the businesses that employ them survive this difficult economy,” said Coutinho (D-Essex), chairman of the Assembly Commerce and Economic Development Committee. “Creating jobs and economic growth is a must, and with this bill package, we’re positioning New Jersey businesses to succeed in the 21st century. That can only be a good thing for our residents.”
“I promised to make job creation and economic growth top priorities, and these bills are a great step toward making that goal reality,” Singleton said. “Making it easier for small businesses to expand and taking steps to ensure our businesses remain competitive will lead to more jobs for working class families striving to make ends meet. That will mean a stronger New Jersey for everyone.”
The bill would officially create the New Jersey Business Action Center within the Department of State. The center is intended to be the state’s liaison to the business community and provide information about state financial and incentive programs; state taxes; permits, licenses, certificates and other governmental approvals; state regulations; available commercial real estate and international trade.