GOPAL, SWEENEY BILL TO ALLOW COUNTY-BASED PLANS FOR COVID-19 RE-OPENINGS PASSES COMMITTEE
In response to statewide guidelines requiring businesses to close or reduce operations due to the COVID-19 pandemic, the Senate Commerce Committee today advanced legislation sponsored by Senator Vin Gopal and Senate President Steve Sweeney which would establish a county-based mitigation plan to allow businesses to operate during a pandemic. “While New Jersey has been hit […]
Additional PPP Guidance and Resources: How to Calculate Maximum Loan Amounts for First Draw
SBA, in consultation with the Treasury Department, has recently released additional PPP guidance and resources: How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide – By Business Type (Released 1/17/2021) SBA, in consultation with the Treasury Department, has recently released additional PPP guidance and resources: Procedural Notice – PPP Borrower […]
SENATE COMMITTEE ACTS ON SWEENEY-SINGLETON BILL TO UPGRADE WATER & VENTILATION SYSTEMS
A Senate committee today approved a bill sponsored by Senate President Steve Sweeney and Senator Troy Singleton that would help schools and small businesses in New Jersey upgrade their water and ventilation systems to better protect the health of students, educators, customers and workers. The bill, S3033, would establish the School & Small Business Energy […]
SBA Re-Opening Paycheck Protection Program to Small Lenders Today and All Lenders on Tuesday, January 19
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET. The portal will fully open on Tuesday, January 19, 2021 […]
Governor Murphy Signs Historic Economic Recovery Legislation
Governor Phil Murphy today signed into law the landmark New Jersey Economic Recovery Act of 2020, which will provide economic support for small businesses, while propelling New Jersey’s economic recovery and growth for much of the next decade. “These programs are the product of nearly three years of hard work, during which we received input […]
Two New Tax Laws That Will Impact NJ Amid COVID-19 Crisis In 2021
Governor Murphy has signed several bills into law that take effect in 2021 and may provide a boost to New Jersey as the economy continues to suffer amid the COVID crisis. As reproted by The Patch, those two tax laws are as follows: Health insurance tax (S2676/A4389) The governor signed legislation to create the New […]
Governor Murphy Signs Executive Order Pausing Indoor Practices and Competitions for Youth and Adult Sports and Lowering Limits on Outdoor Gatherings
Governor Phil Murphy last night signed Executive Order No. 204, which pauses indoor practices and competitions for youth and adult sports from Saturday, December 5 at 6:00 a.m. through Saturday, January 2, 2021. The EO also lowers the outdoor gatherings limit from 150 people to 25 people, effective Monday, December 7 at 6:00 a.m. “As […]
New Jersey Business Coalition Pens Letter to State Congressional Delegation: “COVID-19 SUPPORT FOR BUSINESSES REMAINS CRUCIAL”
The Greater Atlantic City Chamber is a pround member of the New Jersey Business Coalition. The coalition, led by the New Jersey Business & Industry Association,is comprised of dozens of major business and nonprofit associations representing employers that provide millions of jobs in New Jersey. The coalition continues to put forth recommendations for a COVID-19 […]
GREENWALD, MAZZEO & VERRELLI BILL TO REDUCE OR DELAY EMPLOYER UNEMPLOYMENT TAXES DURING PANDEMIC APPROVED BY ASSEMBLY
In an effort to ease the burden on businesses grappling with the economic impact of the COVID-19 pandemic, the full Assembly on Thursday voted 72-0 to approve legislation sponsored by Assembly Majority Leader Louis Greenwald, Assemblyman Vince Mazzeo and Assemblyman Anthony Verrelli to relieve businesses of a portion of their unemployment tax obligation during the […]
Governor Murphy and Department of Health Commissioner Judy Persichilli Announce New Jersey’s COVID -19 Vaccination Plan
Governor Phil Murphy and New Jersey Health Commissioner Judith Persichilli announced the state’s COVID-19 vaccination plan, designed to provide equitable access to approved vaccine(s), achieve maximum community protection and build public trust in advance of an approved vaccine(s) “The strategic and efficient deployment of a vaccine will be critical to our continued fight against the […]