raids

November 24, 2009 - 12:12pm
PRESS RELEASE

Sweeney-Sarlo Bill To Cut Employer Taxes And Discourage Raiding Of Unemployment Insurance Fund Signed Into Law

SWEENEY-SARLO BILL TO CUT EMPLOYER TAXES AND DISCOURAGE RAIDING OF UNEMPLOYMENT INSURANCE FUND SIGNED INTO LAW

TRENTON – A bill sponsored by Senate Majority Leader Steve Sweeney and Senate Budget and Appropriations Committee Vice Chairman, Senator Paul A. Sarlo, which would reduce employer taxes paid to the unemployment insurance (UI) fund when the fund’s reserves exceed a certain cap was signed into law last week by Governor Corzine.

“New Jersey’s UI fund has been tapped in good times and bad to pay for a variety of unrelated programs, and over the last few years, the tab has come due,” said Senator Sweeney, D-Gloucester, Cumberland and Salem. “It’s only through massive cash infusions by the State Legislature and a tax increase on employers this fiscal year that we’ve kept the fund solvent. This cycle of diversion and emergency infusion is bad public policy, jeopardizing the fund’s long-term fiscal integrity and costing taxpayers billions.”

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December 5, 2007 - 12:34pm
PRESS RELEASE

Anti-Immigrant Raids in New Jersey

Raids terrorize immigrant communities, maintains NJIPN executive director Shai Goldstein

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