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.
Senate President Steve Sweeney (D-3) regaled the crowd tonight gathered for a Middlesex County Democratic Committee fundraiser organized by Chairman Kevin McCabe.Read More >
NBC News: Federal charges ruled out for Christie in Bridgegate scandal NBC News tonight is reporting that federal investigators say after nine months of investigating Bridgegate there is 'no evidence" that Gov. Chris Christie had advance knowledge about any politically motivated scheme around the bridge lane closures at the...
By JEFF BRINDLE It is critical that the Legislature soon enact a pending bill that would ensure the state’s Gubernatorial Public Financing Program is available in the event of a special election for governor. Not only is there no current legal... Read More >
“The fact is that they’ve been digging around for eight months now and have found absolutely nothing. Wrap up your work. Do your job." - Gov. Chris Christie- PolitickerNJ
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