We still have work to do!
The next steps, now that Governor Murphy has signed the bill, is for Treasury to publish the “Guidance” on the new law.
Much like when the original tax law was passed last Summer, Treasury’s interpretation of the law and how they plan to enforce it can impact how we all do business in New Jersey. That is why the Coalition, through our Public Affairs Counsel, intends to support the process by sharing with Treasury our concerns, opinions and suggestions regarding legislative intent and regulated community compliance.
Please continue to follow along and we will provide updates as they become available.
While the law has been fixed, our work here isn’t done.
In addition to some remaining expenses this summer, additional funding is needed to support our continued efforts in Trenton. We need our lobbyist to work with Treasury in the coming weeks as they prepare their interpretation and guidance regarding the new law. We want to make sure this is done right! Please donate today.
Latest News
Update 12/14/2018 Total Sponsors now 20!
This week we picked up an important Co-Sponsor, Assemblywoman Valerie Vainieri Huttle (D) from District 37 bringing the total Sponsors on our Assembly Bill A-4520 to 17 and 3 Sponsors on our identical Senate Bill S-3133! Huttle is a significant addition for two...
Update 12/7/2018 – FOUR New Sponsors!
This week ends being another one with positive progress! Our bill A-4520 picked up THREE more CO-Sponsors in the Assembly bringing the total legislatures sponsoring our bill to 16! THANK YOU Assemblywoman Diane Gove (R) and Assemblyman Brian Rumpf (R) from District 9,...
Update 11/29/18
Legislative Update 11-29-18: Over the last week three more legislators co-sponsored A-4520, bringing the total to 13 bi-partisan co-sponsors! It’s worth noting that two key legislators representing Cape May County, Assemblymen Andrzejczak and Land are co-sponsors....