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.”
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"That's state money and the speaker has never raised an objection to that, and now all of a sudden she objects to her own bill. She's objecting on a basis she hasn't objected before on the TAG Grant program. Let's face it everybody, this is just politics. It's election year and it's politics." - Gov. Chris Christie, on Speaker Sheila Oliver (D-34).- PolitickerNJ.com
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