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By Jason Butkowski | November 20th, 2012 - 4:25pm
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WHELAN TO INTRODUCE BILL TO CREATE TAX CREDIT FOR SHORE BUSINESSES LOOKING TO REBUILD IN THE WAKE OF HURRICANE SANDY

Measure Would Allow Small Business Owners to Claim Up to $100,000 in Tax Credits

TRENTON – Senator Jim Whelan announced today he will introduce legislation to aid small businesses along the New Jersey shore in their rebuilding efforts in the aftermath of Hurricane Sandy by allowing business owners to claim a tax credit for repairs necessitated as a result of the storm.

“Small businesses are the backbone of New Jersey’s economy – providing New Jersey families with good jobs, and offering goods and services that our residents depend on – but many of these businesses along the Shore are reeling after the devastation caused by Hurricane Sandy,” said Senator Whelan, D-Atlantic. “Particularly during such a difficult economic period for the State, many business owners simply do not have the resources to rebuild. Through this legislation, we’re making a statement that rebuilding our Shore – and the businesses that are part and parcel with the Shore experience that so many New Jerseyans and visitors to our region grew up with – is the most important policy goal we can have as a state right now.”

Click here to read the rest of Senator Whelan's news release.

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Contact Info: 

Senator Whelan's District Office
Tel: (609) 383-1388
E-Mail: SenWhelan@njleg.org
Web: www.njsendems.com

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Quote of the Day

Quote of the day

"This is my first Mark Smith event. There have been a lot of changes in Hudson County over the last year and a half, and the most important change that has happened is that there really is unity. For the first time, we really are working together. Despite political differences. Mark and I have worked very hard to repair that. I'm really happy to be here in support of him, because I recognize that when you work together, politics becomes secondary and you really have time to focus on government, which is the most important thing." - Jersey City Mayor Steven Fulop

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