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News & Press: Legislative Updates

Legislative Update - August 25

Thursday, August 27, 2015   (0 Comments)
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GFOA of NJ has been tracking the following pieces of legislation which has recently had action taken on them.

S-2458/A-4332 , Permits redevelopers that enter into long-term operation and maintenance agreements with municipal parking authorities to obtain tax credits under the ERG program when they develop mixed-use parking projects. The Governor signed this bill into law.

S-1813/A-3123 , Requires state agencies to conduct periodic reviews of permits, licenses and certifications they issue in order to identify those that are obsolete or that can be administered through a more expedited procedure. The Governor signed this bill into law. The committee amended the bill to require that each state agency include a comprehensive written report highlighting actions they have taken to reduce the number of permits that are backlogged.

S-929/A-1908, Imposes a cost-of-living adjustment (COLA) on workers' compensation benefit rates for certain cases that occurred after 1980. Senate held.

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