ECONOMIC DEVELOPMENT
Assembly Commerce and Economic Development
Manufacturing
Incentives
–
A-2474
(Coughlin/D-19; Coutinho/D-29; Fuentes/D-5): Committee
passed. This bill calls for a corporation business tax credit
equaling
20 percent of the cost of manufacturing equipment installed at a
manufacturing facility in New Jersey. It also calls for a credit
equaling 20 percent of
the costs of improvements or additions that result in the
renovation, modernization or expansion of a manufacturing facility
in New Jersey. This bill will provide New Jersey manufacturers with
incentives to invest in capital improvements and modernize their
operations. Contact:
Mary Ellen Peppard
Assembly Commerce and Economic Development A-2474 Vote:
Coutinho, Albert (Chair) – Yes; Lampitt, Pamela – Yes; Bucco,
Anthony – Yes; DiCicco, Domenick, Jr. – Yes; Fuentes, Angel – Yes;
Quigley, Joan – Yes; Watson Coleman, Bonnie – Yes
Assembly Commerce and Economic Development
Energy
Savings for Manufacturers
–
A-2977
(Coutinho/D-29; Quijano/D-20): Committee passed. This bill
exempts sales of energy and utility service to manufacturing
facilities from the sales and use tax and the transitional energy
facility assessment (TEFA) surcharge. These exemptions are projected
to save manufacturing facilities approximately 10 percent in energy
use taxes, and are designed to encourage manufacturers to remain in
New Jersey and expand their operations in this state. Contact:
Mary Ellen Peppard
Assembly Commerce and Economic Development A-2977 Vote:
Coutinho, Albert (Chair) – Yes; Lampitt, Pamela – Yes; Bucco,
Anthony – Yes; DiCicco, Domenick, Jr. – Yes; Fuentes, Angel – Yes;
Quigley, Joan – Yes; Watson Coleman, Bonnie – Yes
EDUCATION
Interdistrict
Public School Choice Program
–
A-355
(Jasey/D-27; Voss/D-38; Moriarty/D-4):
Governor signed into law on September 9. Creates a permanent
interdistrict public school choice program. A five-year pilot
program was established in 2000 and expired in 2005. Like the pilot,
the permanent program would allow students to enroll across district
lines in designated schools. The permanent program
doesn’t limit the number of districts that can participate in the
choice program. Contact: Michael Egenton
Assembly Education Committee
Education
Cost Savings
–
A-1637 (Wagner/D-38;
Rudder/R-8; Voss/D-38; Addiego/R-8):
Committee passed. This bill permits the board of education of any
school district to enter into a contract for the sale of advertising
space on the outside of school buses owned or leased by the
school district. This bill requires that half the revenues
generated by the sale must be used to offset the fuel costs of
providing transportation services to students, and the remaining
half is to be used to support educational programs and services.
Advertisements for tobacco, alcohol or political advocacy will be
prohibited, in addition to any other advertisements that the
Commissioner of Education considers inappropriate. Contact:
Michael Egenton
Assembly Education Committee A-1637 Vote: Diegnan, Patrick
(Chair) – Yes; Voss, Joan (Vice Chair) – Yes; Caputo, Ralph – Yes;
Evans, Elease – Yes; Jasey, Mila – Yes; Quijano, Annette – Yes;
Ramos, Ruben - Yes; Rumana, Scott - Yes; Rumpf, Brian – Yes; Watson
Coleman, Bonnie – Yes; Wolfe, David - Yes
ENERGY
Assembly Telecommunications and Utilities Committee
Societal
Benefits Charge
–
A-2528 (Chivukula/D-17;
Quijano/D-20):
Committee passed. This bill establishes specific areas to spend
the state revenue resulting from the Societal Benefits Charge. It
would require that residential customers, small commercial customers, and large
commercial and industrial customers benefit in the the same proportion as they
pay. Contact: Michael Egenton
Assembly Telecommunications and Utilities Committee A-2528 Vote:
Chivukula, Upendra (Chair) – Yes; DeAngelo, Wayne (Vice Chair) –
Yes; Bucco, Anthony – Yes; Egan, Joseph – Yes; Mainor, Charles –
Yes; Quijano, Annette – Yes; Rible, David - Yes
GOVERNMENT REFORM
Senate Budget and Appropriations Committee
Public
Employee Reforms
–
S-2220 (Sarlo/D-36):
Committee passed. This bill limits the payment of compensation at retirement for employees of boards of education and
local governments for accumulated unused sick leave to $15,000, and
limits the carry-forward of vacation leave to one year. These
changes, coupled with other public employee benefit reforms, will
save significant taxpayer dollars. Contact:
Michael Egenton
Senate Budget and Appropriations Committee S-2220 Vote: Sarlo,
Paul (Chair) – Yes; Bateman, Christopher – Yes; Beach, James – Yes;
Cunninghman, Sandra – Yes; Doherty, Michael – Yes; Oroho, Steven –
Yes; Pennacchio, Joseph – Yes; Ruiz, Theresa – Yes; Smith, Bob –
Yes; Van Drew, Jeff – Yes
REGULATION
Assembly
Regulatory Oversight and Gaming Committee
Regulatory
Relief for Small Business
–
A-2129 (Chivukula/D-17;
McHose/R-24; Burzichelli/D-3):
Committee passed. This bill updates the New Jersey Regulatory
Flexibility Act by requiring an agency to conduct a review of rules
that are up for re-adoption, ensuring that they have minimal impact
on small businesses. The bill also revises the definition of a small
business from a business that employs fewer than a 100 full-time
employees to one which, along with its affiliates, employs fewer
than 100 full-time employees or has gross annual sales of less than
$6 million. Contact:
Michael
Egenton
Assembly Regulatory Oversight and Gaming Committee A-2129 Vote:
Burzichelli, John (Chair) – Yes; Quijano, Annette (Vice Chair) –
Yes; Casagrande, Caroline – Yes; Polistina, Vincent - Yes; Riley,
Celeste - Yes
Trenton Watch is a publication of the New Jersey Chamber of Commerce. Thumbs up and down indicates the chamber’s support or opposition to issues. Questions? Call the State Chamber Government Relations Department at (609) 989-7888. Comments are always welcome.
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