New Jersey’s Unemployment Insurance (UI) fund is insolvent. If nothing is done by July 1, employers across the State will get hit with a $1 billion payroll tax increase requiring them to pay an average additional tax of $400 per employee, with some paying as much as $1,000 or more.
Governor Chris Christie has conditionally vetoed legislation to address the problem. It is critically important that the Legislature act now to uphold Christie’s conditional veto, which will limit the increase to $130 per employee this year instead of $400 per employee.
The NJBIA has provided a link to write your legislator to tell them to uphold the Governors Conditional Veto and send the amended Bill back to the Governor for his signature.
To Take Action Go to NJBIA Grassroots Action Center