(TRENTON) – The Assembly on Thursday will consider a sweeping multi-bill package to help create jobs and spark economic development throughout New Jersey.
The session is slated to begin at 1 p.m.
It will be streamed live at http://www.njleg.state.nj.us/media/live_audio.asp.
“Working class New Jerseyans and businesses struggling to make ends meet are looking for innovative and credible ideas to jumpstart our economy, and we’re ready to make those ideas reality,” said Oliver (D-Essex/Passaic). “Our residents and businesses need to start the new year with a renewed confidence in the state’s economy. This bill package will provide that momentum.”
Highlights include:
· Two corporate tax reform bills (A-1676 and A-3535) to make the businesses that employ New Jerseyans more competitive.
· A plan (A-3353) to create a special fund to stimulate economic activity by encouraging businesses to stay, expand and move to New Jersey.
· A measure (A-3513) to encourage students to seek work in areas that have labor shortages.
· The Back to Work NJ Program (A-3584) to provide on-the-job training for unemployed residents.
· A bill (A-3389) to improve a program that encourages businesses to stay and relocate to New Jersey.
· A bill (A-3592) to provide targeted tax credits for investments in new, emerging biotech businesses.
The complete agenda is below:
A-1676 Greenwald, Louis D.
/Milam, Matthew W.
/Spencer, L. Grace
/Chiusano, Gary R.
/Pou, Nellie
/Webber, Jay Provides single sales fraction for corporation business tax income allocation formula and establishes airline-specific sales fraction.
A-2499 Moriarty, Paul D.
/Barnes, Peter J.
/Addiego, Dawn Marie
/Vainieri Huttle, Valerie Prohibits employees of certain organizations from enrolling in State-administered retirement system or health care plan of public employer.
A-2859 Aca Quijano, Annette
/Burzichelli, John J.
/Riley, Celeste M.
/Evans, Elease Authorizes sale and lease of unneeded public property to certain nonprofits for gardening and urban farming and exempts such urban farms from property taxation.
A-3143 Aca Greenwald, Louis D.
/Quijano, Annette
/Lampitt, Pamela R.
/Ramos, Ruben J. Expands treatment of mixed use projects under urban transit hub tax credit.
A-3308 Aa Gove, DiAnne C.
/Rumpf, Brian E.
/Conners, Jack Creates State contract set-aside program for businesses owned and operated by veterans.
A-3353 Aca Coutinho, Albert
/Watson Coleman, Bonnie
/Fuentes, Angel
/Lampitt, Pamela R.
/Quijano, Annette Establishes a closing fund to provide financial reDests for certain economic development projects.
A-3418 Aca Coughlin, Craig J.
/Lampitt, Pamela R.
/Tucker, Cleopatra G.
/Rodriguez, Caridad Allows corporation business tax credit and gross income tax credit for certain wages paid to qualified interns in tax years 2012 and 2013.
A-3494 AcaAca DeAngelo, Wayne P.
/Riley, Celeste M.
/Barnes, Peter J.
/Wagner, Connie
/Pou, Nellie Allows for unemployment insurance beneficiaries to file, reopen, cancel or close claims online.
A-3513 Aca Oliver, Sheila Y.
/Greenwald, Louis D.
/Voss, Joan M.
/Jasey, Mila M.
/Wagner, Connie
/Lampitt, Pamela R.
/Watson Coleman, Bonnie Establishes the Workforce Shortage Loan Redemption Program.
A-3535 Greenwald, Louis D.
/Barnes, Peter J.
/Johnson, Gordon M.
/Pou, Nellie
/McHose, Alison Littell
/Webber, Jay Consolidates certain business-related categories of gross income and provides 20 year carry forward of certain net losses under gross income tax.
A-3584 AcaAa Oliver, Sheila Y.
/Cryan, Joseph
/Moriarty, Paul D.
/Green, Jerry
/Watson Coleman, Bonnie Creates “Back to Work NJ Program”; makes an appropriation.
A-3589 Watson Coleman, Bonnie
/Mainor, Charles
/Giblin, Thomas P. Permits small, women or minority owned businesses located in designated regional centers to qualify for loans from EDA as if located in designated urban center.
A-3592 Quijano, Annette
/Schaer, Gary S.
/Albano, Nelson T.
/DeAngelo, Wayne P. “New Jersey Angel Investor Tax Credit Act;” provides credits against corporation business and gross income taxes for investing in New Jersey emerging technology businesses.
A-3594 Giblin, Thomas P.
/Voss, Joan M.
/Jasey, Mila M. Directs New Jersey Economic Development Authority and Commission on Higher Education to promote the establishment of higher education and business partnerships.
A-3596 Oliver, Sheila Y.
/Wilson, Gilbert L.
/Watson Coleman, Bonnie
/Spencer, L. Grace Authorizes local public contract set-aside program for employers who hire former prisoners.
S-483 Aca
(A-3295 Aca) Lesniak, Raymond J.
(Coutinho, Albert
/Quigley, Joan M.
/Wagner, Connie
/Watson Coleman, Bonnie) Expands availability of general development plan approvals and long-term vesting of preliminary and final site plan approvals in Smart Growth areas.
S-2370 ScaAca
(A-3389 AcaAca) Madden, Fred H.
/Kyrillos, Joseph M.
(Oliver, Sheila Y.
/Coutinho, Albert
/Bucco, Anthony M.
/Bramnick, Jon M.
/Pou, Nellie) Revises financial assistance under Business Retention and Relocation Assistance Grant Program; repeals requirement to study implementation.
A-823 AaSca Albano, Nelson T.
/Milam, Matthew W.
/Amodeo, John F.
/Riley, Celeste M.
/Moriarty, Paul D. Requires DEP to establish free recreational saltwater fishing registry.