TRENTON – The Senate and Assembly will continue its work on the aggressive “Back to Work NJ” jobs and economic growth initiative by passing another dozen bills when both houses reconvene on Monday, January 10.
On Thursday, the chambers passed nearly a dozen-and-a-half measures to cut business taxes and provide on-the-job training for unemployed workers. Monday’s session will focus on thirteen bills that would cut red tape and provide incentives for businesses to set roots in New Jersey, and provide retirees with an income tax cut to allow them to afford to remain in their homes.
“‘Back to Work NJ’ has been about putting the economy front-and-center, where it belongs,” said Sweeney (D-Gloucester/Cumberland/Salem). “Residents need good jobs, seniors need the ability to stay in their homes and keep their local economies rebound and businesses need a good place to locate. There’s no reason New Jersey can’t move to the top of the list of great places to be.”
“These initiatives are a great step toward retooling New Jersey as an economic force primed to lead the pack in the economic recovery,” Oliver said. “We’re creating jobs for residents, easing outdated burdens on businesses and sparking economic growth throughout the state by encouraging investment. It’s a plan that benefits everyone.”
The Assembly’s session is scheduled to begin at 1 p.m.; the Senate will convene at 2 p.m.
The bills to be considered Monday include:
Riley, Burzichelli, Johnson
Sweeney, Madden, Greenstein
Expands gross income tax exclusion for pensions, annuities and other retirement income for certain taxpayers.
McKeon, Chivukula, Pou, Conaway, Barnes
Permits developer to qualify for low-interest loan from NJEDA when building a high performance green building.
Coutinho, Quijano, Coughlin, Greenwald
Sarlo, T. Kean
Garden State Film and Digital Media Jobs Act; expands existing film and digital media production tax credit programs.
Albano, Milam, Sancer, Riley, Wilson
Establishes program for directing motorists to agricultural tourism establishments.
Requires State Treasurer to create uniform application form for use by small businesses to apply for certain State financial assistance programs.
Provides corporation with right to renounce corporate opportunity doctrine.
Maintains right of corporate directors and officers to indemnification under certain circumstances.
Burzichelli, Milam, Albano, Moriarty, Giblin
Streamlines process for State and local agency business permits related to economic development projects.
Ruiz, T. Kean
Concerns creation of benefit corporations.
Quijano, Ramos, Greenstein, DeAngelo
Provides for development of searchable “Bulletin NJ” local public bidding and employment database.
Burzichelli, Rumana,Quijano, Caputo
Changes five year chapter expiration date for rules to seven years; changes procedures for readoption of rules.
Burzichelli, Rumana, Caputo, Quijano
Establishes new procedure in “Administrative Procedure Act” to allow substantial changes to agency rule-making upon adoption.
DeAngelo, Riley, Barnes, Wagner, Pou, Greenstein
Allows for unemployment insurance beneficiaries to file, reopen, cancel or close claims online.