Best Ocean City Experience
  • directions

Legislation

New and revised legislations affect every type of OCNJ business. Stay current on the newest laws and regulations pertaining to OCNJ commerce with these legislation reports.

Friday, October 18, 2013

Application Deadline Extended For Stronger NJ Business Grant Program

If you haven't had time to complete your application for the Stronger NJ Business Grant program -- don't worry. The NJ Economic Development Authority (EDA) has extended the application deadline from October 31, 2013 to December 31, 2013, to allow more time for busy business owners to submit their applications.

Read more...

Friday, September 13, 2013

Trenton Watch 9/13/13

TRENTON WATCH

September 13, 2013

The New Jersey Chamber of Commerce is tracking legislation and other items important to the business community:

ECONOMIC DEVELOPMENT

Streamlining Economic Incentives - A-3680 (Coutinho/D-29; Singleton/D-7; Watson Coleman/D-15; Ramos/D-33; Green/D-22; Bramnick/R-21; Bucco/R-25; Conaway/D-7; Wimberly/D-35; Moriarty/D-4): Re-Sent to Governor. Senate approved governor's conditional veto 33-1; Assembly approved governor's conditional veto 71-6. The Governor had conditionally approved the bill with two recommendations. The conditional veto removed a provision in the bill requiring that anyone receiving a tax credit would have to provide prevailing wage for maintenance workers. The State Chamber opposed the inclusion of this requirement because it would have driven up costs of many critical projects. The Economic Opportunity Act of 2013 enhances and merges five of the state's economic incentive programs for businesses into the Grow New Jersey Assistance Program and the Economic Redevelopment and Growth Grant Program. The State Chamber believes enhancing the state's incentive programs will benefit small businesses, attract larger businesses to the state, and encourage new entrepreneurs - making New Jersey a formidable competitor in both the national and global economy. Contact: Michael Egenton

Read more...

Thursday, August 22, 2013

Legislative Update 8-22-13

TRENTON WATCH  

August 22, 2013

The New Jersey Chamber of Commerce is tracking legislation and other items important to the business community:

Read more...

Monday, July 1, 2013

Trenton Watch - July 1, 2013

 

TRENTON WATCH   

 

July 1, 2013  

The New Jersey Chamber of Commerce is tracking legislation and other items important to the business community: 

  

BUDGET

Senate Budget and Appropriations Committee & Assembly Budget Committee

                       

FY 2014 Budget Appropriations Bill - S-3000/A-4200  (Sarlo/D-36; A.R. Bucco/R-25; Van Drew/D-1; O'Toole/R-40; Prieto/D-32; O'Scanlon/R-13) Governor signed on June 28. Senate passed 29-11. Assembly passed 52-25. Appropriates $32.98 billion in state funds and $13.43 billion in federal funds for the state budget for fiscal year 2013-2014. The State Chamber supports the following business tax reforms included in the 2014 budget: the final phase-out of the TEFA (Transitional Energy Facility Assessment); a 25 percent reduction in the minimum tax on S-corporations from 2011 levels; another phase-in of the single sales factor for calculating corporate taxes, and allowing business entities to carry forward net operating losses for up to 20 years. Additionally, the State Chamber supports the budget's full funding of both the R&D Tax Credit and the Technology Business Tax Certificate Transfer Program for businesses specializing in innovation. These reforms give New Jersey businesses the tax flexibility to grow.

Contact: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Read more...

Monday, July 1, 2013

Stronger NJ Business Loan Progarm

Now Available: Stronger NJ Business Loan Program

The New Jersey Economic Development Authority (NJEDA) will now begin accepting applications for the Stronger NJ Business Loan Program. The Stronger NJ Business Loan Program is available to help small businesses and non-profits that were impacted by Superstorm Sandy, as well as businesses looking to expand within storm-impacted communities. Eligible small businesses and non-profits may apply for loans up to $5 million per eligible location, with 0% interest for the first 24 months. Loans can be used for renovation, new construction, equipment, and working capital. The maximum working capital loan amount is $500,000, exclusive of equipment.

Read more...

Friday, June 14, 2013

Important - Issue with J-1 Visa Program

Please take a minute to read the message below. J-1 Visa students are essential to the operation of businesses,

particularly in tourist destination communities.

  

Changes to the J-1 Visa Program may have detrimental effects for Ocean City, NJ and our surrounding communities.  

  

Changes to J-1 Visa Program 

Senate Immigration Bill S.744.  

Read more...

Wednesday, June 12, 2013

Christie Administration Announces July Launch of Stronger NJ Business Loan Program

Businesses Encouraged to Sign Up for Program Updates at application.njeda.com/strongernjbusiness

Trenton, NJ –Continuing the Christie Administration’s commitment to helping-storm impacted businesses and communities recover, the New Jersey Economic Development Authority (EDA) today approved the creation of the Stronger NJ Business Loan Program at its monthly Board meeting. Beginning in July, the program will offer direct, low-cost loans of up to $5 million to businesses and non-profits that suffered physical damage, as well as to businesses looking to expand within storm-impacted communities.

Following the approval of New Jersey’s Community Development Block Grant (CDBG) Disaster Recovery Action Plan, Governor Christie called on the EDA to administer $460 million of the state’s CDBG Disaster Recovery allocation to assist storm-impacted businesses. Following the May launch of the Stronger NJ Business Grant Program, the Stronger NJ Business Loan Program is the second of these CDBG-funded business recovery initiatives and will utilize $100 million of the allocation.

Read more...

Wednesday, June 12, 2013

Legislative Update 6-12-13

TRENTON WATCH

June 12, 2013

Provided by the NJ State Chamber of Commerce

Tracking Legislation and Other Items Important to the Business Community:

Read more...

Thursday, June 6, 2013

Senate Immigration Bill s.744

Senate Immigration Bill S.744.

  

Please take the time to reach out to your elected representatives to express your concerns. Though this bill will have no impact on this summer and winter, future seasons will be negatively impacted if the bill currently under consideration is passed.  

    

*   Click herehttp://cqrcengage.com/ciee/home  for contact information for your members of Congress 

  

Timing is critical. Please click the link above and take action today by calling and emailing your representatives' offices to let them know you oppose key provisions of the current Senate Immigration Bill S.744 that could end the Summer Work Travel (SWT) program. 

Read more...

Thursday, May 23, 2013

Cornerstone New Jersey Members Meet with Gov. Christie's Chief of Staff and Chief Counsil


Gov. Chris Christie signed 80 bills into law last year, the fewest number of laws New Jersey has adopted in any year going back 170 years, Christie's Chief of Staff Kevin O'Dowd said at an exclusive breakfast for New Jersey Chamber of Commerce Cornerstone members this morning.

  
The small number of new laws is a source of pride for the Christie administration. "We are standing up to the Legislature and telling them we are not going to sign bills that we don't believe in," O'Dowd said.

  
Added Charles McKenna, the governor's chief counsel, "Back in the 1770s, we were a new nation and we needed laws. We are 230-plus years old now, enough of the laws."


At the breakfast, O'Dowd, McKenna and their top deputies gave brief presentations, held a question-and-answer session and stayed for one-on-one conversations with 33 Cornerstone New Jersey members to discuss crucial issues like the state budget and taxation. The event  was held outdoors among the beautiful Gardens at Morven Museum and Garden in Princeton.

Read more...

Tuesday, January 22, 2013

Legislative Update 1/22/13

TRENTON WATCH

January 22, 2013

The New Jersey Chamber of Commerce is tracking legislation and other items important to the business community:

Read more...

Monday, October 1, 2012

Legislative Update 9-26-12

  
   

TRENTON WATCH
     

   

September     26, 2012

   

The New Jersey Chamber of Commerce is tracking legislation and other items important to the business community:

   
Read more...

Friday, September 21, 2012

DEP Commissioner: We Want to Make Permit Process Better

Department of Environmental Protection Commissioner: We Want to Make the Permit Process 'Better and Faster for Everyone' 

It has been no secret that the process for securing building permits from the state Department of Environmental Protection has long been fraught with confusion and delays for developers seeking to build or expand properties.

Bob Martin, the  DEP Commissioner, acknowledged this to an audience of about 75 New Jersey Chamber of Commerce members this morning and said his department is working to make the process "better and faster" by transforming application methods, putting all applications online for transparency and requiring all DEP employees go through customer service training.

Read more...

Thursday, August 30, 2012

Job Creation Legislative Update from Congressman Frank LoBiondo - SBA Loan Guarantee Programs: A Resource for South Jersey's Small Businesses Aug 30 2012

A message from Congressman Frank LoBiondo:

                                                 
Job Creation Legislative Update from Congressman Frank LoBiondo

August 30, 2012

SBA Loan Guarantee Programs: A Resource for South Jersey’s Small Businesses

Read more...

Wednesday, April 18, 2012

Red Tape Review Commission Public Meeting

On April 24, 2012, the Red Tape Review Commission will hold a public meeting at Camden County College in the William G. Rohrer Center at Cherry Hill - Executive Conference Room #110, from 5:00 pm until 8:00 pm.

Read more...

Monday, April 16, 2012

Flood Insurance Program Update from Congressman Frank LoBiondo

What’s Happened:
The National Flood Insurance Program (NFIP) is a Federal program enabling property owners in participating communities to purchase insurance as a protection against flood losses in exchange for State and community floodplain management regulations that reduce future flood damages. Participation in the NFIP is based on an agreement between communities and the Federal Government. If a community adopts and enforces a floodplain management ordinance to reduce future flood risk to new construction in floodplains, the Federal Government will make flood insurance available within the community as a financial protection against flood losses. This insurance is designed to provide an insurance alternative to disaster assistance to reduce the escalating costs of repairing damage to buildings and their contents caused by floods.

Read more...

Friday, July 1, 2011

Legislative Update 7/1/2011

TRENTON WATCH

July 1, 2011 - Tracking Legislation and Other Items Important to the Business Community:

Read more...

Tuesday, April 5, 2011

Update from Congressman LoBiondo Re: 1099 Provision in Healthcare Law

LoBiondo Statement on Repeal of 1099 Reporting Provision in Healthcare Law

Strong Bipartisan Vote

Read more...

Thursday, February 24, 2011

NJ Chamber's State Budget Report

STATE BUDGET REPORT

February 24, 2011

Read more...

Friday, February 11, 2011

Legislative Update 2/11/11

TRENTON WATCH

February 10, 2011

Read more...

Page 1 of 4