Media
NJ Senators Propose New Tax Law Workaround For Small Businesses
Democrats Paul Sarlo and Troy Singleton and Republicans Steve Oroho and Anthony Bucco announced theinitiative Monday during a Statehouse news conference where they said the proposed small business workaround to the federal tax law would save some 260,000 New Jersey individuals and families an estimated $23 billion that would have been subject to federal taxes because of the new $10,000 cap on the federal deduction for state and local taxes.
Vitale-Singleton Bills Would Help Protect & Preserve The Benefits Of Federal Health Care Law In NJ
TRENTON – Acting to protect New Jersey from President Trump’s attempts to dismantle the Affordable Care Act and to preserve the health care benefits the law is providing to the state’s residents, Senator Joe Vitale and Senator Troy Singleton are advancing two bills that would maintain the viability of the individual mandate and establish a reinsurance fund to help stabilize the insurance market. The measures were approved by the Senate Budget & Appropriations Committee today.
Van Drew-Singleton Bill To 'STOP' Offshore Drilling Approved By Committee
TRENTON – Legislation sponsored by Senator Jeff Van Drew (D-Cape May/Atlantic/Cumberland) and Senator Troy Singleton (D-Burlington) to help stop offshore drilling in state waters was approved by the Senate Environment and Energy Committee today.
Sarlo, Oroho, Bucco And Singleton Lay Out Plan To Help Small Businesses, Partnerships Preserve Deductibility Of State Income Taxes
TRENTON – Senators Paul Sarlo (D-Bergen), Steve Oroho (R-Sussex), Troy Singleton (D-Burlington) and Anthony Bucco Sr. (R-Morris) today announced a bipartisan legislative initiative that will preserve the federal deductibility of an estimated $23 billion in state income taxes for New Jersey’s small businesses and partnerships.
South Jersey Dems Move To Protect Bistate Tax Deal With Pennsylvania
A reciprocal tax agreement between the two states could be canceled by the governor, but lawmakers want to give Legislature final say on whether deal can be killed.
School Funding Remains One Of Biggest Questions Ahead Of Murphy Budget Address
Murphy, who is expected to deliver his first budget proposal to the Legislature next month, hasn’t set a timetable for how soon he hopes to keep one of his biggest, and arguably, most difficult campaign promise, although he has said he intends to ramp up school funding as quickly as possible.
Limits On Federal Gun Research Spur States To Step In
Despite Obstacles, Community Not Giving Up On Burlington Island
BURLINGTON CITY — It’s been decades since its heyday, but when some gaze across the Delaware River at Burlington Island from the Riverfront Promenade, they see only its vast potential.
Horizon To Invest Partial Tax Windfall To Benefit Policyholders
State's largest insurer could invest $275 million from federal tax refund to a variety of initiatives, rebates, and longer-term projects.