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ASSEMBLY APPROVES ‘JOBS TRADE AND DEMOCRACY ACT’
By thesterASSEMBLY APPROVES ‘JOBS TRADE AND DEMOCRACY ACT’
Measure Would Reinforce Legislature’s Role in Decisions to Bind New Jersey To International Trade Agreements
(TRENTON) – The Assembly today approved legislation sponsored by Assemblyman Joseph Egan that would ensure New Jersey citizens and legislators have access to information on the impact of international trade policy on the state economy.
The bill (A-2754) clearly establishes the role of the Legislature in setting trade policy for the state.
“In today’s global marketplace, international trade agreements have a significant impact on our New Jersey’s economy, business and jobs,” said Egan (D-Middlesex), chairman of the Assembly labor panel. “In these challenging economic times, we must ensure that New Jersey’s voice can be heard loud-and-clear before we bind ourselves to accords that may have a detrimental impact on jobs and the economy in the state.”
The bill, which now goes to the Senate, would:
• Require the Legislature’s consent to bind the state to any provision of a trade agreement, and require the designation of four members of the Legislature to serve as official liaisons with the Governor’s office and the federal government on trade policy.
• Establish a Citizens’ Commission on Jobs, Trade and Democracy appointed by the Governor and the Legislature to monitor trade negotiations and disputes, assess the social, environmental, legal and economic impacts of trade agreements and proposed trade agreements, hold hearings and make recommendations regarding trade policy and related legislation; and
• Require the commission to provide for annual reports to the Governor and Legislature on the impacts of trade on the state, and require the Governor and Legislature to respond to policy recommendations for handling trade’s impacts on the state.
“We must ensure that decisions that will impact New Jersey are, in fact, made in New Jersey,” Egan said.
The bill was approved 61-12-3.
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