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Legislative Update 6/22/15

 

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TRENTON WATCH
 

June 22, 2015 

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

ECONOMIC DEVELOPMENT

 

Assembly Commerce and Economic Development Committee

 

Thumbs UpTransparency for Redevelopers - A-4394 (Garcia/D-33; Gusciora/D-15; DeAngelo/D-14): Assembly committee passed. Requires the Department of Community Affairs to maintain a database on its website to provide redevelopers with current information about laws, permits and state resources relevant to redevelopment. This one-stop-shop portal will provide developers and businesses with the knowledge and direction needed to pursue projects throughout the state. Contact: Matt Malat

 

Assembly Commerce and Economic Development Committee A-4394 Vote: Johnson, Gordon M. (C) - Yes; Caride, Marlene (VC) - Yes; Benson, Daniel R. - Yes; Bucco, Anthony M. - Yes; DeCroce, BettyLou - Yes; Mosquera, Gabriela M. - Yes; Mukherji, Raj - Yes; Munoz, Nancy F. - Yes; Oliver, Sheila Y. - Yes; Pintor Marin, Eliana - Yes

 

 

 

 

Assembly Appropriations Committee

 

Support ChangesMicroenterprise Assistance - A-953 (Singleton/D-7; Eustace/D-38; Mosquera/D-4; Sumter/D-35; Benson/D-14; Quijano/D-20; Wimberly/D-35): Assembly committee passed. Provides counseling and assistance to microbusiness startups. The bill was amended at the request of the State Chamber to ensure experienced business counselors provide assistance to those seeking entrepreneurship. Staff will continue to seek additional amendments that will ensure that the loan and grant program remains permissive and flexible. Contact: Michael Egenton and Matt Malat

 

Assembly Appropriations Committee A-953 Vote: Burzichelli, John J. (C) - Yes; Spencer, L. Grace (VC) - Yes; Casagrande, Caroline - Abstain; Conaway, Herb - Yes; DiMaio, John - No; Lagana, Joseph A. - Yes; Lampitt, Pamela R. - Yes; McHose, Alison Littell - No; Schaer, Gary S. - Yes

 

 

 

Assembly Commerce and Economic Development Committee

 

Thumbs UpAllows Parking Facilities to Qualify for Incentives - S-2458 (Pou/D-35; Sweeney/D-3)/A-4332 (Pintor Marin/D-29; Wimberly/D-35; Singleton/D-7): Assembly committee passed. Permits redevelopers that enter into long term operation and maintenance agreements with municipal parking authorities to obtain tax credits under the ERG program when they develop mixed use parking projects. The establishment of parking structures will incentivize consumers and businesses to patronize and live in newly developed/redeveloped areas. Contact: Michael Egenton

 

 

Assembly Commerce and Economic Development Committee S-2458/ A-4332 Vote: Johnson, Gordon M. (C) - Yes; Caride, Marlene (VC) - Yes; Benson, Daniel R. - Yes; Bucco, Anthony M. - Abstain; DeCroce, BettyLou - Yes; Mosquera, Gabriela M. - Yes; Mukherji,  Raj - Yes; Munoz, Nancy F. - Abstain; Oliver, Sheila Y. - Yes; Pintor Marin, Eliana - Yes

 


 

 

ENVIRONMENT

 

Senate Environment and Energy Committee

 

Thumbs downRegulates E-Waste - S-2973 (Smith/D-17/Bateman/R-16; Greenstein/D-14; Codey/D-27): Senate committee passed. Requires manufacturers of electronics to provide for the collection, transportation, and recycling of its market share in weight of all covered electronics collected in a program year. The State Chamber opposes the current version of the bill because it places a significant amount of the responsibility on the retail sector. Recognizing that the bill needs further modification, Chairman Smith has scheduled a stakeholder meeting on July 14. Contact: Michael Egenton

 

Senate Environment and Energy Committee S-2973 Vote: Smith, Bob. (C) - Yes; Greenstein, Linda R. (VC) - Yes; Bateman, Christopher - Yes; Codey, Richard J. - Yes; Thompson, Samuel D. - Yes

 


 

 

HEALTH

 

Assembly Health and Senior Services Committee

 

Thumbs downHealth Insurance Mandate - A-4532 (Conaway/D-7; Vainieri Huttle/D-37; Jimenez/D-32): Assembly committee passed. Requires carriers that offer health insurance to N.J. residents to notify covered persons if, for any reason, the subscriber, such as an employer, is terminating insurance for the covered person. This mandate will create additional requirements, which will affect businesses struggling to afford health insurance premiums. Contact: Matt Malat

 

Assembly Health and Senior Services Committee A-4532 Vote: Conaway, Herb (C) - Yes; Benson, Daniel R. (V) - Yes; Angelini, Mary Pat - Yes; Eustace, Timothy J. -Yes; Fuentes, Angel - Not Voting; Green, Jerry - Yes; Handlin, Amy H. - Yes; Jimenez, Angelica M. - Yes; Munoz, Nancy F. - Yes; Peterson, Erik - Yes; Pinkin, Nancy J. - Yes; Sumter, Shavonda E. - Yes

 


 

 

GOVERNMENT REFORM

 

Thumbs UpPermit Review Process - S-1813 (Whelan/D-2; Oroho/R-24; Burzichelli/D-3; Eustace/D-38; Andrzejczak/D-1; Mazzeo/D-2; Webber/R-26): Assembly passed 74-0; sent to Governor. Requires state agencies to conduct periodic reviews of permits, licenses and certifications they issue in order to identify those that are obsolete or that can be administered through a more expedited procedure. The committee amended the bill to require that each state agency include a comprehensive written report highlighting action they have taken to reduce the number of permits that are backlogged. This legislation will promote efficiency in state government and help expedite permits. Contact: Michael Egenton

 


 

 

LABOR

 

Assembly Labor Committee

 

Thumbs downGroup Purchasing of Workers' Compensation Insurance - A-4132 (Giblin/D-34; Lagana/D-38; Mukherji/D-33): Assembly committee passed. Permits groups of employers establishing or participating in Taft-Hartley trust funds to purchase workers' compensation insurance as a group. The State Chamber is concerned that a third party administrator would be needed for this specialized work, adding cost to the overall system. Contact: Michael Egenton

 

Assembly Labor Committee A-4132 Vote: Egan, Joseph V. (C) - Yes; Sumter, Shavonda E. (VC) - Yes; Coughlin, Craig J. - Yes; Dancer, Ronald S. - Yes; Mukherji, Raj - Yes; O'Donnell, Jason - Not Voting; Quijano, Annette - Yes; Space, Parker - No; Webber, Jay - Yes

 

 

 

Assembly Labor Committee

 

Seeking Amendments"New Jersey Secure Choices Act" - A-4275 (Prieto/D-32; Eustace/D-38; Lagana/D-38; Greenwald/D-6; Quijano/D-38; Danielsen/D-17; Mukherji/D-33): Assembly committee passed. Creates a retirement savings program for private sector workers in the form of an automatic enrollment, payroll-deduction Individual Retirement Account (IRA). This legislation requires businesses who do not offer retirement savings accounts with less than 25 employees to allow enrollment in a state-facilitated savings plan. While the State Chamber recognizes the importance of individuals establishing a retirement fund, we have concerns that the overall bill is a mandate on the employer community. We will continue to work with the sponsors and legislative staff to secure further amendments to make the legislation more palatable to our small business members. Contact: Michael Egenton

 

Assembly Labor Committee A-4275 Vote: Egan, Joseph V. (C) - Yes; Sumter, Shavonda E. (VC) - Yes; Coughlin, Craig J. - Yes; Dancer, Ronald S. - Yes; Mukherji, Raj - Yes; O'Donnell, Jason - Not Voting; Quijano, Annette - Yes; Space, Parker - No; Webber, Jay - No

 


 

 

TAXATION

 

Assembly Commerce and Economic Development Committee

 

Thumbs UpGross Income Tax Exclusion - A-4021 (Johnson/D-37; Benson/D-14; Schepisi/R-39; Bucco/R-25): Assembly committee passed. Excludes net gains from the sale of a business to an employee stock ownership plan (or to an S-corporation owned by an employee stock ownership plan). Contact: Matt Malat

 

Assembly Commerce and Economic Development Committee A-4021 Vote: Johnson, Gordon M. (C) - Yes; Caride, Marlene (VC) - Yes; Benson, Daniel R. - Yes; Bucco, Anthony M. - Yes; DeCroce, BettyLou - Yes; Mosquera, Gabriela M. - Yes; Mukherji,  Raj - Yes; Munoz, Nancy F. - Yes; Oliver, Sheila Y. - Yes; Pintor Marin, Eliana - Yes

 

 

 

Assembly Commerce and Economic Development Committee

 

Thumbs UpGross Income Tax Carryforward - A-4297 (Lagana/D-38): Assembly committee passed. Modifies the gross income tax (GIT) to enable the carryforward of capital losses and exclude capital gains from the sale of closely held businesses. The purpose of this bill is to adjust the GIT liability computation to better reflect the costs of economic transactions and encourage entrepreneurship. Contact: Matt Malat

 

Assembly Commerce and Economic Development Committee A-4297 Vote: Johnson, Gordon M. (C) - Yes; Caride, Marlene (VC) - Yes; Benson, Daniel R. - Yes; Bucco, Anthony M. - Yes; DeCroce, BettyLou - Yes; Mosquera, Gabriela M. - Yes; Mukherji,  Raj - Yes; Munoz, Nancy F. - Yes; Oliver, Sheila Y. - Yes; Pintor Marin, Eliana - Yes

 


 

Thumbs up and down indicates the Chamber's support or opposition to issues.

Call the New Jersey Chamber Government Relations Department at (609) 989-7888 with questions or comments.