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Coutinho Unveils Sweeping Economic Development Incentive Reform Legislation Measure Designed to Create Jobs & Spark Economic Development
(TRENTON) – Assembly Commerce and Economic Development Chairman Albert Coutinho on Tuesday announced he’s introduced legislation to boost New Jersey’s job creation efforts by revamping and streamlining the state’s economic development tax incentives.
The sweeping bill (A-3680) would merge five state tax-incentive programs into two, with one focused on job creation and the other on economic development.
“Our tax incentive programs have been invaluable to our state’s economic development planning, but - with five programs with varying goals - we clearly need to streamline these programs and make it easier for businesses to understand and take advantage of them,” said Coutinho (D-Essex). “We want businesses to bring new jobs to New Jersey and preserve the ones they already provide..."
To read more, please visit the New Jersey General Assembly Democratic Office Web site.
After weeks of speculation, the direction of the Newark mayoral race may take an important turn today as prominent members of the Payne political family gather at Newark's Robert Treat Hotel at 11:30 a.m.
The campaign of Newark mayoral candidate Shavar Jeffries has called a press conference at which both U.S. Rep. Donald M. Payne, Jr. (D-10) and Essex County deputy chief of staff and former state Assemblyman William D. Payne will be present.Read More >
Days Since Last Christie Press Conference (Jan. 9)
Bridget Anne Kelly’s attorney says lawmakers rushed to judgement An attorney for former top Gov. Chris Christie administration official Bridget Anne Kelly filed paperwork arguing his client shouldn’t have to comply with a legislative subpoena. The documents, filed by Kelly attorney Michael Critchley, argues lawmakers rushed to judgment...
By Suzanne M. Walters When unions representing local police and firefighters cannot agree to new contract terms with local governments, State law mandates that the parties submit to binding arbitration. A third-party referee, then, sets the... Read More >
"The governor has allowed political cronyism to continue and even flourish, rather than stamp it out, with some of his closest confidants enriching themselves through millions of dollars in state contracts, and legal and lobbying fees, an Asbury Park Press review of thousands of pages of campaign, lobbying and contracting documents found."- The Asbury Park Press
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