Today the National Assembly unanimously adopted a bill which aims to reduce the burden of unemployment insurance taxes on employers.
According to the law, sponsored by Assembly member Roy Freimann (D-Somerset), corporations and gross income tax credits will be provided to small businesses. They will compensate for planned increases in unemployment insurance taxes and transfer funds from the state’s general fund to its unemployment insurance fund to avoid additional taxes for employers.
The bill will also decrease employers’ contributions to the 10 percent unemployment insurance fund and require them to pay an amount equal to that reduction to New Jersey for administrative and translation costs.
During the voting sessionFreiman said the bill would help pay off an automatic federal loan for the general fund caused by the flood of residents who lost their jobs due to the pandemic.
“This bill solves two issues. “First, he is repaying this loan to prevent our residents from having to take over and our employers from having to take over this federal side of the tax increase,” Freiman said.
“This bill is widely supported because he is intelligent and approaches this problem and provides real relief, “Freiman said.
HAPPY THURSDAY AFTERNOON – Hi, I’m Jonathan Custodio, author of your Playbook PM. We are adding politically interesting facts in New Jersey to this newsletter and will call a person who answers the question correctly in the next day’s issue.
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Here we are with the latest from Trenton and elsewhere as New Jersey advances in the budget process and the legislature holds hearings on Gov. Phil Murphy’s spending plan.
I AM LOOKING FOR FREEDOM – A bill to redevelop Liberty State Park in Jersey City today approved a key Senate committee with amendments that softened but did not fully satisfy criticism that the legislation could commercialize parts of New Jersey’s most visited park.
Overlooking the Statue of Liberty and the silhouette of Lower Manhattan, the park has been the subject of years of debate over how best to clean and improve it.
But attempts to overhaul the park are complicated by the involvement of Reebok billionaire Paul Fireman, owner of the nearby Liberty National Golf Club, which has been trying to expand for years. Fireman has backed plans to build three new holes on the 22-acre Caven Point Peninsula. The language that could allow this expansion was inserted into a budget account a few years ago before being removed amid protests.
Today, an architect working for the National Park Foundation – a newly formed group supporting the bill – presented a grand vision for the park to the Senate Environment and Energy Committee. The depiction included a community center with a pool, balls, track, amphitheater and public gardens and orchards.
The foundation that paid for the images is partly funded by Fireman, confirmed Nevins McCann, a spokesman for the group.
During about two hours of testimony, no one opposed the improvement of the park, but environmental groups, including the Sierra Club, questioned the bill, which was introduced by Senator Brian Stack (D-Hudson).
“The park is a place it’s meant to be enjoyed by as many people as possible, “Stack told the committee.
His account, NJ S2807 (22R), will give the park a quarter of a billion dollars and will set up an operational group responsible for how the money will be spent. The bill also calls on the park to generate revenue to pay for its own maintenance. “Paradise Richard.”
KOVID NUMBER– New Jersey reported 2519 confirmed positive tests for Covid-19 and 16 deaths from the virus today.
SUPERFUND CLAIM – Acting Attorney General Matt Platkin and Environment Commissioner Sean Laturet announced that the state has filed a lawsuit against Ford Motor Co. for polluting a mining area in Ringwood, which covers the homeland of an Indian tribe.
New Jersey is seeking compensation for “lost natural resources” that include hundreds of acres of soil, groundwater and wetlands, along with punitive damages, accusing Ford of insignificantly dumping hazardous substances into the environment and hiding pollution.
Today, we hold Ford accountable for the damage to natural resources – for deliberately polluting some of the state’s most valuable environmental assets and then moving away without revealing the toxic mess they made or trying to mitigate harm, “Platkin said in a statement.
TWO MORE SCHOOL DISTRICT FOR SMOOTHING ARMED SECURITY – Jackie Roman from NJ Advance Media: “Two more school districts in New Jersey will house armed security guards in their buildings in response to the school shooting in Texas and other mass attacks that shook the nation,” local officials said.
The town of Howell in Monmouth County and Middle Township in Cape May County recently approved plans to deploy armed officers to school buildings.
The counties are joining a growing list of municipalities in New Jersey who have made plans to increase security or add armed police officers to schools after the shooting at a school in Texas.
COURT SAYS GUIDELINES FOR CONVICTION OF YOUNG DEFENDANTS NOT EDITIVE – Nikita Biryukov from New Jersey Monitor: “A 2020 law that allows judges to reduce the sentences of defendants under the age of 26 does not apply to those convicted before it takes effect,” the New Jersey Supreme Court ruled on Thursday.
The Supreme Court rejected Rahee Lane’s appeal, which asked the court to retroactively apply the rule designed to reduce the sentences of young offenders. But the statute is “devoid of the slightest hint” that the legislature intended to apply this specific mitigating factor retroactively, Judge Ann Patterson wrote in the court’s opinion.
– Asbury Park Police is investigating social media posts advertising a pop up party this weekend.
“Two coastal cities.” send dogs to cope with their problems with geese.
– Unionized casino workers in Atlantic City have allowed a strike if they do not new contract until early July.