SARLO-TURNER ‘MAIN STREET BUSINESS ASSISTANCE PROGRAM’ BILL APPROVED

TRENTON – A bill sponsored by Senators Paul A. Sarlo and Shirley K. Turner which would establish the “Main Street Business Assistance Program” to support local small and mid-sized businesses in the State was approved by the full Senate today by a vote of 37-3, receiving final legislative approval.

“New Jersey’s economic strength depends heavily on the many small and mid-sized businesses which dot our local landscapes and set up shop in storefronts along our major thoroughfares,” said Senator Sarlo, D-Bergen, Essex and Passaic, and Vice Chairman of the Senate Budget and Appropriations Committee. “These are businesses built from the ground up, by New Jerseyans and for New Jerseyans, providing access to jobs and investing in our communities. As we work to address the fall-out from the biggest economic meltdown since the Great Depression, we need to continue to support small and mid-sized business growth, and protect these businesses from the worst of the national crisis.”

GREEN STATEMENT ON HEARING FOCUSING
ON HOME MORTGAGE AND FORECLOSURE CRISIS

(PLAINFIELD) - Assembly Speaker Pro Tempore Jerry Green (D-Union) released the following statement today on the Assembly Housing and Local Government Committee's Monday hearing on the ongoing home mortgage and foreclosure crisis.

WATSON COLEMAN ANTI-FORECLOSURE BILL CONTINUES TO ADVANCE TOWARD LAW

Measure Would Protect Homeowners, Neighborhoods At-Risk By Preventing Abusive and Dangerous Practices By Lenders & Loan Services

(TRENTON) – Legislation Assembly Majority Leader Bonnie Watson Coleman sponsored to protect New Jersey homeowners who are at-risk of foreclosure and to prevent the issuance of dangerous loans continues to advance.

HELPING THE MIDDLE-CLASS

(TRENTON) – Assembly committees released the following bills today as part of their unprecedented efforts to help middle-class New Jerseyans and the small businesses that employ them emerge strong from the national economic crisis.

ASSEMBLY ASSEMBLY PANELS ADVANCE SWEEPING PACKAGE TO HELP NEW JERSEYANS AND SMALL BUSINESSES WEATHER NATIONAL ECONOMIC CRISIS

Bills Aimed at Growing Jobs, Helping Homeowners, Protecting Middle-Class New Jerseyans Approved in Unique Committee Sessions Aimed at Financial Meltdown.

19 Bills Advance.

(TRENTON) – Assembly panels meeting today in unprecedented committee sessions approved a wide-ranging bill package to help hard-working New Jerseyans and the small businesses that employ them emerge strong from the national economic crisis.

The 19 bills advanced today would:

• Promote new jobs and retain existing ones by revamping small business taxes and enhancing grants and incentives for small businesses.

• Prevent home foreclosures and protect homeowners from unscrupulous lenders.

• Help pay winter fuel bills.

• Bring new consumer protections against securities fraud.

• Bring savings and new jobs through alternative energy.

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.

ASSEMBLY DEMOCRATS COMMENT ON TODAY’S EFFORT TO HELP NEW JERSEY WORKERS AND BUSINESSES AMID FINANCIAL MELTDOWN

Legislators convened unprecedented joint hearings on housing, oversight, jobs and social worries as Assembly continued economic emphasis to help middle class and small businesses.

(TRENTON) – Assembly Democrats released the following statements today as Assembly committees held unprecedented hearings on how to ensure New Jersey workers and businesses emerge strong from the national economic crisis: