Louis Greenwald

GREENWALD: NEW JERSEY TAKING CONCRETE STEPS TO STRENGTHEN BUSINESS CLIMATE

(TRENTON) - Assembly Budget Committee Chairman Louis D. Greenwald (D-Camden) made the following statement today in response to the New Jersey Business and Industry Association's annual Business Outlook Survey:

GREENWALD COMMENTARY ON ENACTMENT OF BILL TO AID START-UP/SMALL BUSINESSES IN NEW JERSEY

New Law Will Help Businesses Spread Losses Out Over Longer Time Period; Lower Their Corporate Tax Burden

(TRENTON) - Assemblyman Louis D. Greenwald today released a multimedia package on the November 24 enactment of legislation (A-3124) he sponsored to allow businesses in New Jersey to write-down net operating losses for up to 20 tax years, as opposed to the previously allowed seven years, putting New Jersey in line with neighboring states.

ASSEMBLY DEMOCRATS COMMENTARY ON PASSAGE OF INVESTNJ BUSINESS GRANT PROGRAM

Measure Would Promote Job-Growth and Aid Business Retention

(TRENTON) - Assembly Democrats today issued the following multimedia package on the 55-23 vote to pass legislation (A-3294), which would expand New Jersey's business retention and job creation program.

An image from Pamela Lampitt's 2007 campaign website. The two-term Assemblywoman from Cherry Hill is not expected to seek John Adler's State Senate seat.

Assemblywoman Pam Lampitt is privately telling friends that she will not seek the 6th district State Senate seat that will be vacated by Congressman-elect John Adler.  Lampitt, entering her fourth year in the Assembly, has a strong relationship with Speaker Joe Roberts and sources suggest she would be a frontrunner for a committee chairmanship next session. 

Four key South Jersey Democratic officials today asked Assemblyman Louis Greenwald to reconsider his decison not to seek the 6th district State Senate seat that will be vacated in January by U.S. Rep.-elect John Adler.  Camden Couny Democratic Co-Chairmen Donald Norcross and James Beach, Cherry Hill Mayor Bernard Platt, and South Jersey Democratic leader George Norcross want Greenwald to run in a special election convention to replace Adler.  Greenwald has opted to remain in the Assembly, where he is chairman of the powerful Budget Committee.

Assemblyman Louis Greenwald will not be a candidate for State Senator if John Adler is elected to Congress on Tuesday, according to South Jersey Democratic officials.  Greenwald has reportedly told friends and political allies that he prefers to remain as Chairman of the Assembly Budget Committee, rather than move over to the State Senate.

ASSEMBLY DEMOCRATS REACT TO VOTING SESSION FOCUSED ON PROTECTING RESIDENTS FROM ECONOMIC MELTDOWN

Assembly Passes Nearly 30 Bills Designed to Jumpstart State Economy & Help Insulate Residents, Businesses from Global Recession

(TRENTON) - Assembly Democrats today issued the following multimedia package following an Assembly voting session that considered nearly 30 bills to jumpstart the state's economy and help protect residents and businesses from the continuing global economic meltdown.

ASSEMBLY DEMOCRATS REACT TO BUDGET COMMITTEE HEARING AIMED AT HELPING STATE AMID FINANCIAL MELTDOWN

(TRENTON) - Assembly Democrats today issued the following multimedia package as the Assembly Budget committee considered legislation that would expand the state's network of social support programs amid a continuing global economic meltdown.

The panel met as part of a concerted effort by the Assembly to continue its focus on helping New Jerseyans and businesses emerge strong from the global financial crisis.

Assembly committees today considered 19 pieces of legislation to revamp state business taxes and incentives, help struggling homeowners, promote jobs, protect consumers from financial fraud and help low-income residents.

ASSEMBLY DEMOCRATS COMMENTARY ON HELPING NEW JERSEY WORKERS, BUSINESSES AMID FINANCIAL MELTDOWN

(TRENTON) - Assembly Democrats today issued the following multimedia package on Governor Jon S. Corzine's address to a joint session of the Legislature on the global financial crisis.

The Assembly already has advanced 19 bills to help revamp state business taxes and incentives, help struggling homeowners, promote jobs through alternative energy technology, protect consumers from financial fraud and help low-income seniors and the disabled heat their homes.

GREENWALD APPLAUDS CORZINE'S CALL
FOR PASSAGE OF BUSINESS TAX BREAK
Governor's Inclusion of Net Operating Loss Reform As Part of Economic Response
Key to Keeping State Open for Business

(TRENTON) - Assembly Budget Committee Chairman Louis D. Greenwald today applauded Governor Jon Corzine's inclusion of a much-needed business tax cut as one of the facets of his plan to jumpstart the state's economy.