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A Hike In The Gas Tax? We’ll Know By The End Of The Month
John Reitmeyer | August 16, 2019 | Budget
The possibility of an annual reset in the rate paid at the pump was part of the 2016 renewal of the depleted fund for road improvements
Law Eases Burden of NJ Towns Facing Big Refunds for Successful Tax Appeals
John Reitmeyer | August 15, 2019 | Budget
Garden State municipalities will now have up to three years to refund local commercial property owners for tax judgments over $100,000
Plug Pension Hole By Curbing Traditional Plan? It May Not Be Best Strategy
John Reitmeyer | August 14, 2019 | Budget
Closing their so-called defined benefit plans to new workers has not worked out well in four states that tried it
Explainer: How Short-Term Rental Tax Was Revised to Give Homeowners Relief
John Reitmeyer | August 13, 2019 | Explainer
New Jersey’s year-old tax on short-term property rentals has been revamped, mostly to assuage concerns about its negative effects of summer rentals at the Shore
Murphy Hopeful of Deal on Tax Breaks Even as Veto and Override Are in Mix
John Reitmeyer | August 12, 2019 | Budget
Governor wants major reform of controversial tax-incentive programs; lawmakers want to renew them, unchanged, pending an overhaul
Governor Endorses Removing Gun Investments from Public Pension Funds
John Reitmeyer | August 9, 2019 | Politics
Murphy offers no timetable, noting that Treasury officials are ‘going through some technical issues’ to determine how to achieve divestment
Two Modest Steps Toward Developing Murphy’s Cutting-Edge Economy in NJ
John Reitmeyer | August 9, 2019 | Budget
Governor enacts laws to establish ‘innovation districts’ and task force to study use of blockchain technology in government
Sweeney Supports Ban on Public Pension Investments in Gun Industry
John Reitmeyer | August 8, 2019 | Politics
A divestment bill which was introduced in the Legislature last year after a gun massacre at a Florida high school gets renewed attention after the latest wave of shootings
Why Is State’s Public Pension System Still Invested in Gun Industry?
John Reitmeyer | August 7, 2019 | Budget
Following last year’s mass shooting at a Florida high school, some state lawmakers sought to ban pension-plan investments in gunmakers, but their bill went nowhere; Treasury also promised to review the holdings
As Murphy Takes Bow for Record Low Unemployment, Critics Fear Future Shock
John Reitmeyer | August 5, 2019 | Budget
Governor proud of economic policies that have been ‘paying real dividends.’ Critic says ‘cumulative impact’ of tax hikes could bite if recession occurs
Brave New World for Local Governments: No 2% Salary Caps for Cops, Firefighters
John Reitmeyer | August 1, 2019 | Budget
County and municipal officials meet in Trenton to get schooled in best ways to negotiate with labor unions now that 2 percent arbitration cap no longer available
Tax Incentives: Defenders Have Their Say in Front of Receptive Lawmakers
John Reitmeyer | July 30, 2019 | Budget
New Jersey legislators question whether state’s new oversight measures are too stringent. Controversial tax breaks remain source of dispute between governor and many in Legislature
New Law Aims for Speedier Road Improvements in New Jersey
John Reitmeyer | July 29, 2019 | Transportation
Governor signs legislation to help state transportation projects funded by gas-tax revenues run more efficiently
Watchdog: Trenton Can Do More To Hedge Against Future Revenue Drops
John Reitmeyer | July 23, 2019 | Budget
During the Great Recession, the lack of a rainy-day fund put pressure on property-tax relief programs and the public-worker pension funding
Moody’s Warns About Effect of Funding Freeze on Distressed Municipalities
John Reitmeyer | July 22, 2019 | Budget
Rating agency alerts investors to potential trouble if Gov. Phil Murphy’s suspension of $105 million in ‘transitional aid’ remains in place
Governor Announces September Trade Mission to India
John Reitmeyer | July 16, 2019 | More Issues
Six-city, seven-day visit will focus on technology, manufacturing, clean energy and pharmaceutical industries
$1M in State Funding for Local News Consortium Is Up in the Air
John Reitmeyer | July 15, 2019 | Budget
Gov. Murphy has put that money and dozens of other spending items on hold over budget concerns
NJ Transit Emerges Unscathed From Trenton’s Battle Of The Budget
John Reitmeyer | July 12, 2019 | Budget
Net financial support for the beleaguered transit agency is up $75 million in the recently approved spending plan
Smarter Electronic System Will Track Sale of Corporate Tax Credits in Real Time
John Reitmeyer | July 11, 2019 | Budget
Better monitoring will make it easier for Department of Treasury to keep tabs on tax incentives when they’re redeemed, making financial projections and budgeting more accurate
Public gets to weigh in on state's embattled tax-break programs
John Reitmeyer | July 10, 2019 | Budget
Task force also hears more about controversial Camden award made to nuclear-parts manufacturer Holtec International
In Trenton, There’s Agreement On One Form Of Tax Break, At Least
John Reitmeyer | July 3, 2019 | Budget
Governor signs law doubling the ‘angel investor’ credit, available to those who fund biotech firms and other startup companies
Fiscal 2021 Budget Could Be a Bear If Murphy, Sweeney Stick to Their Guns
John Reitmeyer | July 2, 2019 | Budget
Governor and top Dem seem more interested in rehearsing old battles than planning for a budget that will include a $4.5 billion contribution to public-worker pension system — and that’s just one challenge
Murphy Signs $38.7B Budget But Uses Line-Item Veto to Clip Lawmakers’ Wish List
John Reitmeyer | July 1, 2019 | Budget
Governor redlines nearly $50 million in legislative spending and impounds another $235 million
Murphy: There Will Be No Shutdown of State Government
John Reitmeyer | June 28, 2019 | Budget
Announcement signals governor has given up on push to make a true millionaires tax part of Trenton’s next budget
Add-Ons to 2020 Budget Bill Add Up to $100 Million in Spending
John Reitmeyer and Colleen O'Dea | June 27, 2019 | Budget
‘Legislative priorities’ provide perfect opportunity for Gov. Phil Murphy, Senate President Steve Sweeney and other Dems to continue their war of words
Explainer: Where Governor, Lawmakers Differ on Budgeting for a Downturn
John Reitmeyer | June 26, 2019 | Explainer
Murphy and legislators don’t see eye-to-eye on how much money state should hold in reserve for economic headwinds
Murphy’s Plan for NJ Public-Private Fund Goes Nowhere Amid EDA Standoff
John Reitmeyer | June 25, 2019 | Budget
Governor’s proposed innovation fund is stalled in Legislature as lawmakers want simply to extend existing tax-incentive programs; threat of governor’s veto remains
No Matter How NJ Budget Negotiations Go, Notable Tax Breaks in Cards
John Reitmeyer | June 24, 2019 | Budget
Programs for senior citizens, the disabled and veterans set to benefit as interests of governor and lawmakers line up on certain issues
With Votes To Spare, Dems Pass $38.7B Budget, No Boost In Millionaires Tax
John Reitmeyer | June 21, 2019 | Budget
Governor has indicated he might take line-item veto pen to a spending plan not to his liking
Murphy Promises 'Corrective Action' If Not Satisfied with Budget Bill
John Reitmeyer | June 20, 2019 | Budget
Governor prepared to go tit for tat with lawmakers, signals line-item veto may be used to delete some specific spending requests
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