In The News
NJ Senate panel approves creating transportation infrastructure bank
TRENTON — With New Jersey’s main source of funding for transportation improvements nearly insolvent, state lawmakers are trying again to create a transportation infrastructure bank to help finance bridge and road repairs, and other major projects.
N.J. lawmakers press state treasurer for details on budget shortfall (NorthJersey.com)
Governor Christie’s state treasurer appeared before lawmakers Wednesday for the first time since announcing an $807 million budget shortfall last week, but he offered no new information about how the Christie administration plans to close the gap in the final weeks of the state’s fiscal year.
New regulation for mammograms in NJ takes effect today (NJ.com)
Proud to have sponsored the legislation that made this possible. S-792/A-2022 requires insurers to cover breast evaluations and other additional medically necessary testing under certain circumstances and requires certain mammogram reports to contain information on breast density. - Assemblyman Troy Singleton
DOT commissioner: Transportation Trust Fund to run dry in 2015-16
TRENTON — New Jersey’s Transportation Trust Fund has the borrowing capacity to cover the state’s proposed $1.6 billion capital improvement budget for the upcoming fiscal year, but the fund’s financial solvency will need to be addressed before next summer, the state’s transportation commissioner said Monday.
NJ voters support state worker wage freeze but oppose gas tax hike, poll shows (NJ.com)
TRENTON — A poll released today shows more than half of New Jersey's registered voters support a wage freeze for state workers to rein in the state budget, while an even larger share oppose raising the gasoline tax.
NJ Bill Targets ‘Patent Trolls’ (New Jersey 101.5)
A measure in Trenton goes after a business-unfriendly practice sometimes known as “patent trolling.” The sponsor of the measure claims it can help remove a threat to the innovation-based economy that New Jersey is hopeful to have.
Lawmakers debate property tax relief in Christie's proposed budget (Burlington County Times)
TRENTON — Gov. Chris Christie’s proposed $34.4 billion budget calls for the largest payment into the public employee pension system in state history, but lawmakers question whether it’s short on funding needed to tame New Jersey’s notoriously high property taxes.
Patent trolls: New Jersey out to stop companies unfairly profiting from patents (NJBiz)
They are called “patent trolls” — and that's the nice nickname. Their critics feel what they do is not so nice. Or ethical. Or really anything other than a shakedown or a shameful money grab.