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N.J. Senate passes job initiative

morgan j p theridgewoodblog.net

Banker and Investor JP Morgan

N.J. Senate passes job initiative

Lawmakers who had mixed feelings about a job-creation bill in 2011 unanimously backed the plan Monday, as they search urgently for ways to address New Jersey’s historically high unemployment.

Angel investors in technology start-ups could get tax breaks through a proposed program that Christie vetoed in 2011, Senate Democrats argued Monday, in the first volley of a political blame-game about the state’s 9.8-percent July unemployment rate.

Republicans, most of whom voted for the angel-investor measure last year but then refused to override Christie’s veto, unanimously supported it Monday.  (Fletcher, The Record)

https://www.northjersey.com/news/166824756_N_J__Senate_passes_job_initiative.html

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