Murphy signs record N.J. budget with tax hike, property tax ... - nj.com
WEBJun 28, 2024 · 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. The plan also calls for...
New Jersey’s $56.6 Billion Budget for FY 2025: Tax Hikes, Property Tax …
WEBJul 4, 2024 · Governor Phil Murphy signed the new $56.6 billion state budget for New Jersey, which includes a significant tax increase on large corporations and substantial funding for property tax relief,...
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 …
Governor Murphy Signs Fiscal Year 2025 Budget into Law
WEBJun 28, 2024 · The $56.7 billion Fiscal Year 2025 (FY2025) budget, approved by the Legislature earlier in the day, provides significant direct property tax relief for homeowners and renters, yields the highest level of school funding in history, delivers a fourth consecutive full pension payment, and creates a new, dedicated funding stream – …
Tax hike speeds ahead in late-night vote on record N.J. budget
WEBJun 27, 2024 · Facing a deadline just days away, New Jersey lawmakers Wednesday night introduced and quickly began approving a record new $56.6 billion state budget that’s backed by a new tax hike...
New Jersey passes budget that boosts taxes on companies …
WEBJun 28, 2024 · TRENTON, N.J. (AP) — New Jersey’s Democrat-led Legislature passed a $56.6 billion budget on Friday that hikes taxes on high-earning corporations, sending the measure to Gov. Phil Murphy, who’s expected to sign it. Lawmakers were two days ahead of their constitutionally set deadline to enact a balanced budget, avoiding a …
Gov. Murphy signs record-setting $56.6B state budget - New Jersey …
WEBJun 28, 2024 · Unlike the federal government, New Jersey must balance its budget. The swelling structural deficit and waning surpluses could presage the need for severe cuts …
NJ 2025 state budget passes, signed into law by Phil Murphy
WEBJun 28, 2024 · A $56.6 billion spending plan for New Jersey that puts in place a new tax to fund NJ Transit, makes a full pension payment and covers the state's school funding formula was signed by Gov....
Murphy unveils $56B N.J. budget with new tax to fund NJ Transit ...
WEBFeb 27, 2024 · Gov. Phil Murphy on Tuesday unveiled a proposed $55.9 billion state budget that calls for a new tax on New Jersey’s largest corporations to help fund financially strapped NJ Transit, as...
A closer look at what's in New Jersey's proposed $56.6 billion budget …
WEBJun 27, 2024 · 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 a host of the state services and programs.
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