The pool of money available under the neighborhood revitalization tax program would expand from $10 million to $15 million under a bill moved by the Senate Community and Urban Affairs committee Thursday.
The bill, (S2245), also would expand the program to include gross income tax payers.
Currently, the program provides a dollar for dollar tax credit to any corporation that donates money to a non-profit for use in a neighborhood revitalization project. The maximum credit available is $1 million per calendar year.
Jim Leonard, chief of staff to state Treasurer Andrew Sidamon-Eristoff, is going to be the new senior vice president of community investment for the New Jersey Devils.Read More >
The Shavar shift: Jeffries campaign in Newark appears to gain traction with North and South Jersey playersNEWARK - On the front lines of the four-man Newark mayoral race, so far the most shots have been fired by competing candidates and councilmen Anibal Ramos, Jr. and Ras Baraka. The sons...
By Christopher Durkin Many New Jersey lawmakers have fought to make it easier to vote. And there has been considerable progress in terms of voter access and information. Voter registration has been made easier, with forms available online that... Read More >
"He can't be trusted to run a toll bridge, how can he be trusted to run a country?" - Assemblyman John Wisniewski (D-19), chair of the Assembly Transportation Committee, on Gov. Chris Christie.- MSNBC
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