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By Eva Loayza | December 17th, 2012 - 3:59pm
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Assembly Democrats News Release

Singleton, Benson, Eustace & Chivukula Bill to Spur Investment in NJ Biotechnology Businesses Clears Assembly

Measure, Part of Assembly Democratic Job Creation Initiative, Would Extend Tax Credits to Help Attract Biotechnology Companies to New Jersey

(TRENTON) - Legislation sponsored by Assembly Democrats Troy Singleton, Daniel Benson, Tim Eustace and Upendra J. Chivukula that would extend tax credits to stimulate investment in biotechnology businesses in the state was approved Monday by the Assembly.

"The biotechnology industry in New Jersey is growing, but lacks the needed private investment to support this growth," said Singleton (D-Burlington). "This bill will help incentivize investment, promote New Jersey as a biotechnology business location and encourage biotechnology business cluster development in New Jersey to push the state ahead of the competition."

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The Back Room

The Wire: Christie's Springsteen vulnerability

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Op-Ed

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Quote of the Day

quote of the day

"Enlisting Fox is another reminder of how much Christie has truly relied on insiders, including Democrats, to bolster his agenda or bail him out of trouble. Not long after arriving in Trenton in 2009, Christie began collaborating with George Norcross, the deeply entrenched Democratic Party kingmaker, to help him cut deals with a Democratic-controlled Legislature.
When his close ally David Samson resigned as chairman of the Port Authority over conflict-of-interest questions earlier this year, Christie replaced Samson with John Degnan, a pillar of the Democratic Party establishment. And now, confronted with a crisis, Christie has turned to “Jamie,’’ as Fox has been known throughout political circles since he began as an aide in the Democratic Senate in the 1980s." - columnist Charles Stile

- The Bergen Record

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