Joseph Vas

VAS SAYS GLOBAL MELTDOWN MEANS STATE MUST REVAMP SMALL BUSINESS TAXES AND ENHANCE GRANTS AND INCENTIVES

Proposed Legislation Aims to Further Democratic Efforts to Boost New Jersey Economy

(PERTH AMBOY) – Assembly Commerce and Economic Development Chairman Joseph Vas today said the global economic meltdown means the state must pass a sweeping package to promote new jobs and retain existing ones by revamping small business taxes and enhancing business grants and incentives.

Vas said aggressive steps are needed to ensure state businesses and the workers they employ successfully weather the economic crisis.

“We need decisive action to keep New Jerseyans gainfully employed and continue making the state a great place to do business,” Vas said. “So much attention is paid to luring new jobs to the state, but now more than ever our effort must focus both on attracting new jobs and retaining existing ones.”

STRENGTHENING NEW JERSEY’S ECONOMY

TODAY’S ASSEMBLY STEPS ARE LATEST SIGNIFICANT MEASURES TAKEN TO BOLSTER STATE’S BUSINESS CLIMATE

(TRENTON) –Today’s Assembly efforts to help middle-class New Jerseyans and the small businesses that employ them emerge strong from the national economic crisis are the latest significant measures taken to strengthen New Jersey’s economy.

Bills advanced today would promote new jobs and retain existing ones by revamping small business taxes and enhancing grants and incentives for small businesses.

COMMERCE PANEL TO MEET MONDAY TO TAKE MORE STEPS TO HELP BUSINESSES CONFRONT THE ECONOMIC CRISIS

Panel to Hear Testimony from Economic, Labor Experts on State Job & Industry Growth; Consider Legislation to Further Improve NJ's Economic Climate

(TRENTON) - As part of an unprecedented effort by the Assembly to address the ongoing national economic crisis, the Assembly Commerce and Economic Development Committee will meet Monday to examine the health of the private sector, state job growth and to consider legislation to further improve the state's business climate.

ASSEMBLY PASSES SEVEN-BILL PACKAGE TO UPDATE, IMPROVE NJ'S CORPORATE BUSINESS LAWS

Measures Would Make State More Business Friendly; Make NJ's Corporate Business Laws Similar to Delaware's

(TRENTON) - The General Assembly today passed a seven-bill package sponsored by Assemblymen Patrick J. Diegnan, Joseph Vas, Matthew W. Milam, Nelson T. Albano and Wayne P. DeAngelo to simplify many of New Jersey's corporate governance statutes and make the state more attractive to businesses.