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September     26, 2012


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






                                                                                                                    Permit     Extension Act - A-1338/S-743 (Greenwald/D-6;     DeCroce/R-26; Green/D-22; Milam/D-1; Moriarty/D-4; Bramnick/R-21;     Sarlo/D-36; Oroho/R-24): Governor signed into law on September 21.     This bill pushes back the expiration date of permit approvals to December     31, 2014. It also establishes a new definition of "extension     area" to ensure that approvals in these areas remain valid. The State     Chamber supports this legislation as a necessary continuation of the Permit     Extension Act of 2008 and its successor legislation that was enacted in     2010. The poor economic climate has severely affected the state's banking,     real estate and construction sectors. Businesses cannot easily obtain     financing under existing economic conditions and in some cases are forced     to delay scheduled projects that have already been approved by a government     entity and granted permits. Such delays result in some of these permits     expiring before the projects are completed. Given that the permit     application process is extremely time consuming and expensive, it makes     sense to allow additional time for stalled projects to be completed.

               Foreclosure     of Abandoned Residential Properties - A-3248 (Green/D-22;     Singleton/D-7): Committee passed. This bill authorizes lenders to     begin the foreclosure process for residential properties deemed vacant or     abandoned according to fulfillment of at least two of the 15 conditions     enumerated in the bill. Should the courts determine the property is vacant,     the sheriff will have 75 days to sell the property.


Assembly Housing and Local Government Committee     A-3248 Vote: Green, Jerry (Chari) - Yes; Jasey, Mila M. (Vice     Chair) - Yes; Carroll, Michael Patrick - Yes; Clifton, Robert D. - Yes;     Jimenez, Angelica M. - Yes; Quijano, Annette - Not Voting




               Hydraulic     Fracturing - A-575/S-253 (Wagner/D-38;     Gusciora/D-15; Vainieri Huttle/D-37; Ramos/D-33; Gordon/D-38; Beck/R-11):     Governor issued an absolute veto on     September 21. This bill prohibits any wastewater resulting from hydraulic     fracturing to be shipped or transported from any other state or treated in     New Jersey. This bill would set a bad precedent for New Jersey as the state     seeks to benefit from a needed domestic supply of natural gas to meet the     goals of the Energy Master Plan.


               Stormwater     Utilities - A-2641 (Spencer/D-29;     Ramos/D-33): Committee passed. This bill authorizes county or     municipal utilities to establish and maintain stormwater utilities in order     to manage stormwater runoff.  The N.J. Chamber opposes this     legislation because it would impose an additional tax on businesses.


Assembly Environment     and Solid Waste Committee A-2641 Vote: Spencer, L. Grace (Chair) - Yes; Gusciora, Reed (Vice     Chair) Not Voting; Barnes, Peter J., III - Yes; Milam, Matthew W. - Yes;     Ramos, Ruben J., Jr. - Yes; Rudder, Scott - No; Schepisi, Holly - No




               Gender     Parity PackageA-2648 (Fuentes/D-5;     Lampitt/D-6; Riley/D-3): Governor issued a conditional veto     on September 21.  A-2649 (Lampitt/D-6;     Riley/D-3; Moriarty/D-4): Governor issued an absolute veto on     September 21.  A-2650 (Lampitt/D-6;     Riley/D-3; Moriarty/D-4): Governor issued a conditional veto     on September 21. This package of bills was intended to provide protection     for women against employment discrimination. However, these bills     duplicated existing laws, imposed new and onerous administrative     requirements on employers and exposed them to unnecessary litigation and     new penalties. Additionally, the N .J. Chamber was concerned that this     legislation would violate employees' privacy.




               Modernizing     LLC's - A-1543/S-742 (Burzichelli/D-3;     Rumana/R-40; Singleton/D-7; Wisniewski/D-19; Ramos/D-33; Moriarty/D-4;     Sarlo/D-36; Oroho/R-24): Governor signed into law on September 21.     This bill modernizes the regulations governing the creation and operation     of limited liability companies in New Jersey.






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