Commerce and Industry Association of New Jersey

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Economic Stimulus Bill Closer to Reality

A bill which would pump $600 million into New Jersey’s economy is one step closer to becoming reality.  The Senate cleared A-3680, sponsored by Assemblyman Coutinho, would combine New Jersey’s five business incentive programs into two programs and would provide a combination of tax incentives and grants to redevelopment projects.  The Assembly cleared the bill in May and it now heads to the Governor for signature.

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    The mission of Commerce and Industry Association is to be the leader in free enterprise advocacy for the purpose of fostering, through education, legislative vigilance and membership interaction, an economic climate that enhances business potential and makes New Jersey a better state in which to live, work and conduct business.

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