A ban on offshore drilling for oil or natural gas in New Jersey waters is now law. Gov. Phil Murphy signed legislation today to combat the Trump administration’s decision to open the nation’s ocean to oil exploration. The bill, S-258 (Van Drew, D-1; Singleton, D-7)/A-839 (Land, D-1; Andrzejczak, D-1), takes effect immediately. NJBIA supported the measure. The […]
Feb. 15 was a busy day for the Legislature. In addition to some significant tax items, legislators also advanced a bill to promote shared services and consolidation among local governments in an effort to reduce New Jersey’s notoriously high property taxes. Legislation impacting the environment and Urban Enterprise Zones also advanced. Here are the details. […]
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Gov. Phil Murphy today signed an Executive Order requiring that NJ begin the process to re-enter the Regional Greenhouse Gas Initiative (RGGI), a compact of northeast states using a cap-and-trade program to reduce greenhouse gases. The Christie administration withdrew from the regional compact in 2012. Read Governor Murphy’s announcement here. NJBIA opposes New Jersey’s return […]
While the legislature typically only meets on Monday and Thursdays, a special session is being convened tomorrow, Wednesday, December 20 for a joint meeting of the Assembly Telecommunications & Utilities Committee and the Senate Energy & Environment Committee. They will consider A-5330 (McKeon, Burzichelli, DeAngelo, Taliferro)/S-3560 (Sweeney, Smith, Van Drew), which would establish a nuclear […]