BPU President addresses Business Council
Text of BPU President Richard Mroz’s address to NJCM Business Council
Text of BPU President Richard Mroz’s address to NJCM Business Council
Bills for Review: A-4846 (Bucco) – Requires local units to recover contributions under Emergency Services Length of Service Award Program paid in excess of statutory limit; requires annual audits. The committee voted to support this bill A-4847 (Carroll)– Requires municipalities comprised within regional school districts to share certain payments received in lieu of taxes with … Read more
Bills reviewed: S-729_R2, S-729_S1, S-729_S2 (Kean) – Transfers responsibility for establishment and enforcement of ethical standards for local officials to State Ethics Commission. Will continue to monitor. S-3264 (Weinberg) – Limits eligibility of certain public employees for health care benefits coverage; prohibits those limited from receiving payments for waiving such coverage. Will continue to monitor … Read more
Items discussed: COAH Transportation Trust Fund Nothing new to report on either issue Bills reviewed A-4703 (Spencer) – Increases value of Economic Redevelopment and Growth Grant program tax credits to $650 million; restricts $50 million of tax credits to certain qualified residential projects. Committee took no action A-4709 (Schaer) – Prohibits employers from seeking or … Read more