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.
ATLANTIC CITY – The Democratic Party’s presumptive gubernatorial nominee officially tapped Jason O’Donnell as chairman of the state party.Read More >
Morning News Digest: Friday, May 17, 2013 By Matthew Arco Smith intends to fight for HCDO seat as Bernie Kenny's name re-emerges in Fulop era Mayor Jerry Healy’s loss Tuesday night inevitably triggered intra-party discussions about consequences to the Hudson County...
By Tedford J. Taylor No topic is a less likely conversation-starter than our eventual deaths. Still, there is a lot to talk about. When polled, about 90 percent of people presented with end-of-life scenarios prefer the prospect of dying at home with... Read More >
“You represent the grit and tenacity that make Jersey City special. Thank you for believing in this great American experiment called democracy.” - Jersey City Mayor-elect Steve Fulop, to supporters at his victory party last night.- PolitickerNJ.com
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