Gov. Chris Christie signed legislation authorizing the state Division of Consumer Affairs to regulate and tax daily fantasy sports betting enterprises. The legislation, S-3532, (Mazzeo, Caputo) imposes a quarterly operations fee of 10.5 percent of gross revenue on fantasy sports providers and establishes safeguards designed to protect consumers. Fantasy sports betting providers were given 60 […]
Gov. Chris Christie signed legislation, S-3056, (Eagan, Sumter) eliminating the current unemployment insurance exemption for interns working in hospitals. The new law allows medical school graduates interning at hospitals to be eligible for the same UI benefits and subject to the same UI taxes as other employees. The law took effect immediately.
Gov. Chris Christie signed legislation designating the New Jersey Economic Development Building at 36 West State St. in Trenton as the Caren Franzini Memorial Building. The legislation, A-4713, (Burzichelli, Prieto), pays tribute to the NJ EDA’s longtime leader, who later served on NJBIA’s Board of Trustees until her death on Jan. 25, 2017. The law […]
Gov. Chris Christie signed legislation to increase tax credits under the Grow New Jersey Assistance Program for businesses undertaking collaborative research with New Jersey colleges and universities. The legislation, A-4432, (Schaer, Lampitt), is designed to help spur job creation and boost the economy by allowing a base tax credit of up to $5,000 per year […]
Gov. Chris Christie signed legislation that aims to reduce the amount of food waste generated annually in New Jersey by 50 percent by the year 2030. The legislation, S-3027, (Smith, Greenstein), requires the Department of Environmental Protection (DEP), in consultation with the Department of Agriculture (DOA), and within one year, to develop and commence implementation […]