Governor Murphy Signs Fiscal Year 2025 Budget into Law
WEB6 days ago · Beyond tax relief, this budget maintains a strong commitment to making life more affordable for New Jerseyans at all stages of life. ... Compared to FY2018, this is a $290 million increase. To ensure New Jersey is able to attract, train, and retain the workforce necessary to continue providing a top-quality education to our students, the …
Murphy signs record N.J. budget with tax hike, property tax …
WEB5 days ago · It’s bolstered by a new tax hike on large companies, includes some new funding for property-tax relief, and features big money for public schools and pensions.
Gov. Murphy signs record-setting $56.6B state budget • New Jersey …
WEB6 days ago · The budget reverses some cuts Murphy suggested in February — it restores $20 million in operating aid to New Jersey’s community colleges that Murphy had proposed cutting — but makes new own cuts elsewhere. The state would provide $7.5 million less for grid modernization under legislators’ proposal than under Murphy’s, for example.
New Jersey lawmakers advance $56.6 billion budget, hiking taxes …
WEBJun 27, 2024 · TRENTON, N.J. (AP) — New Jersey lawmakers unveiled and advanced on Wednesday a $56.6 billion budget, up 4.2% over the current year’s spending plan, hiking taxes on high-earning businesses and allocating …
Democrats rush spending bill, clear path for record-high budget
WEBJun 27, 2024 · Democrats who control the Legislature introduced a budget and then rushed it through committees late Wednesday, signing off on a record $56.6 billion spending bill backed by several tax hikes.
New Jersey Passes Budget That Boosts Taxes on Companies …
WEB5 days ago · New Jersey’s Democrat-led Legislature passed a $56.6 billion budget that hikes taxes on high-earning corporations. The Democrat-led New Jersey Senate Budget Committee, headed by chairman Paul...
NJ taxes: Governor Phil Murphy signs new budget to hike taxes …
WEB4 days ago · TRENTON -- New Jersey Democratic Gov. Phil Murphy signed a $56.6 billion budget moments before midnight Friday, hiking taxes on high-earning corporations to help the state's transit agency...
Tax hike speeds ahead in late-night vote on record N.J. budget
WEB6 days ago · A 2.5% surtax — known as a “corporate transit fee” — on the 600 companies in New Jersey that make at least $10 million. It is slated to provide money to NJ Transit, the state’s bus and ...
New Jersey’s proposed $56.6 billion budget: What to know - NBC New …
WEB6 days ago · New Jersey lawmakers are poised to send a $56.6 billion fiscal year 2025 budget to Democratic Gov. Phil Murphy this week, hiking taxes on high-earning businesses and funding for many state...
NJ governor signs tax hike for transit in new budget - POLITICO
WEB5 days ago · TRENTON, New Jersey — New Jersey Gov. Phil Murphy late Friday signed a $56.6 billion spending plan and a tax hike on the state’s largest corporations to fund public transportation.
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