global economic crisis

ASSEMBLY GIVES FINAL LEGISLATIVE APPROVAL TO KEY ECONOMIC MEASURES

(TRENTON) – The Assembly today gave final legislative approval to several measures aimed at helping homeowners and businesses emerge stronger from the global economic crisis and promote environmentally friendly jobs.

The Assembly has advanced about 40 legislative measures since September to help the state withstand financial uncertainty, including several that have already become law to help the vulnerable and boost New Jersey businesses.

Bills that received final legislative approval today would:

• Help homeowners avoid foreclosures.

• Further revamp business taxes to continue boosting New Jersey businesses. • Make loans and guarantees available to small and mid-sized businesses.

• Help governments save money on energy while improving energy infrastructure.

ASSEMBLY TO CONSIDER ECONOMIC RELIEF BILLS, PLANS TO SAVE NJ STARS, PREVENT ENCAP REPEAT

(TRENTON) – The Assembly Monday will continue focusing on the global economic crisis by considering more bills to help New Jerseyans and businesses emerge stronger from the worldwide financial meltdown, while also considering legislation to save a popular scholarship program and prevent a repeat of the EnCap disaster.

The session will be the fourth since late September focused heavily on combating economic woes. The Assembly has so far advanced about 40 bills related to the economy and on Monday will consider final legislative approval for measures to boost businesses and prevent foreclosures.

ASSEMBLY-APPROVED ECONOMIC RELIEF ADVANCES IN SENATE

Measures Aim to Help Residents and Businesses Weather Economic Downturn

(TRENTON) –Assembly Democrats lauded the Senate today for giving final legislative approval to measures aimed at helping homeowners and businesses emerge stronger from the global economic crisis.

The Assembly passed the measures in October and November voting sessions and has been weighing economic stimulus and relief measures since September.

VAS TO APPEAR ON MY9 TO TOUT ANTI-FORECLOSURE, PRO-BUSINESS EFFORTS

(PERTH AMBOY) - Assemblyman Joseph Vas will appear Sunday on My9 WWOR-TV’s “New Jersey Now” to discuss New Jersey’s efforts to keep people in their homes and help New Jersey businesses emerge stronger from the global economic crisis.

The program is scheduled to air Sunday at noon.

Vas is expected to discuss legislation passed by the Assembly to combat home foreclosures and promote New Jersey businesses.

ASSEMBLY TO CONTINUE ADVANCING BILLS TO HELP N.J. EMERGE STRONG FROM GLOBAL ECONOMIC STORM

(TRENTON) – The Assembly Monday will continue focusing on the global economic crisis by considering more bills to help New Jerseyans and the businesses that employ them emerge stronger from the worldwide financial meltdown.

The session will be the third since late September focused heavily on combating economic woes. The Assembly has so far approved nearly 30 bills and on Monday will consider bills that would:

• Create and retain jobs by revamping business taxes and enhancing business grants and incentives.

• Help prevent home foreclosures.

• Assist the poor and disabled and senior citizens pay winter fuel bills and obtain food and legal aid.

• Boost property tax relief.

“We’ve already moved swiftly to help New Jerseyans and our business weather this economic storm, but we’re not done yet,” said Assembly Speaker Joseph Roberts Jr. (D-Camden). “This is an ongoing effort to create and retain jobs, keep people in their homes, assist our most vulnerable neighbors and help where we can to pay the bills.”

VAS UNVEILS EFFORT TO PREVENT HOME FORECLOSURES AND HELP RESIDENTS STRUGGLING AGAINST GLOBAL FINANCIAL MELTDOWN

(PERTH AMBOY) - Assemblyman Joseph Vas today joined with Faith Fellowship and the Puerto Rican Association for Human Development to announce foreclosure prevention and financial counseling.

The parties signed an agreement to increase consumer awareness of mortgage products, funding and refinancing, boost access to credit and loan counseling and provide temporary assistance to constituents facing foreclosure.

LAWMAKERS SAY FOOD PANTRY WOES EMPHASIZE NEED TO ENCOURAGE TAXPAYERS TO DONATE MONEY

(TRENTON) – Assembly Democratic lawmakers today said recent shortages and closings at food pantries throughout the state means it’s more important than ever to encourage taxpayers to donate money to help.