NJECPAC & NJ-IEC Partnering to Protect You And Your Business

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New Jersey, United States
NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Saturday, November 13, 2010

Dem Moves to Repeal Part of Health Bill

Senate Dem Moves to Repeal Part of Health Bill

A key Senate Democrat announced Friday that he would introduce legislation to repeal a provision in the recently-passed health care reform law that would eliminate an overly-burdensome reporting requirement for small businesses that might have left many drowning in paperwork. Senate Finance Committee Chairman Max Baucus, D-Mont., released a statement saying, "I have heard small businesses loud and clear and I am responding to their concerns." The Patient Protection and Affordable Care Act (PPACA) contains a provision designed to raise revenue without raising tax rates, that would, beginning in 2012, require all businesses to report payments to and purchases from any business totaling more than $600 in a calendar year, regardless of what the money was used to purchase.
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