PolitickerNJ Wire Feed
Innovative Fuentes, Coutinho, Jimenez, Burzichelli & Mosquera Bill to Entice Private Entities to Fund Public Policy Initiatives Released by Assembly Panel
(TRENTON) – Legislation Assembly Democrats Angel Fuentes, Albert Coutinho, Angelica Jimenez and John Burzichelli sponsored to create a five-year pilot program that allows private entities to fund public policy needs through pay-for-success contracts was released Thursday by an Assembly panel.
The bill (A-3289) seeks to attract private funding for public programs aimed at reducing the cost of providing health care to low-income and uninsured residents. The Economic Development Authority (EDA) would administer the program and oversee a study commission established by the bill. If the cost-saving goals outlined by the study commission are met, backers will receive a return on their investment in what has been called Social Impact Bonds.
"Providing adequate healthcare to our neediest residents can be costly to service providers, governments and residents," said Fuentes (D-Camden/Gloucester). "This bill seeks to reduce healthcare costs in the long run while increasing the wellness of our residents without raising taxes..."
To read more, please visit the New Jersey General Assembly Democratic Office Web site.
Despite Gov. Chris Christie's much-covered intevention and rearrangement of the Passaic Valley Sewerage Commission (PVSC) four years ago, the place is still a mess, according to a story in the Daily News.Read More >
The Political Passion of Paterson: Goow campaigns in the 4th, Pascrell to vote for Sayegh, Torres backers party at MakaoPATERSON – That most pagan rite of NJ politics rages on the day before Easter here, on the day before the death of Paterson boxing legend Rubin “Hurricane” Carter, on...
By HAYTHAM YOUNES As the May 13th election for Paterson officials nears, I've noticed a lot of candidates running using slogans and empty promises as if they weren't around watching Paterson get to where it's at today. I think it's important that... Read More >
"Fliers extolling the virtues of freeholder candidate Gerard Balmir, Jr. of Jersey City were found inside bags of meals-on-wheels deliveries. Someone must have thought it’s time for the recipients to stop watching TV with their meals and do some constructive reading." - Political Insider columnist Agustin Torres- The Jersey Journal
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.