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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Friday, February 18, 2011

Governor Christie Propses Tax Waiver For Troubled N.J. Businesses

A new rule proposed by Governor Christie would allow the director of the Division of Taxation to waive or "reduce" taxes and fees if a business can prove that paying them would be a financial hardship.

The rule is aligned with an executive order Governor Christie issued after he took office directing agencies to provide businesses with relief from "unduly burdensome" regulations.

However, some legislators say the rule is too broad and would create an uneven playing field in which some companies pay their share of taxes and others don’t.

NJECPAC asks, "Since when did the NJ Legislature start caring about a fair playing field?"
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