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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 12, 2011

Senate Officially Passes Repeal of 3% Witholding Tax on Public Contracts

The Senate has officially passed the bill repealing the 3% percent withholding rule with a 95-0 vote. 

NJECPAC have long supported the measures repeal working closely with both IEC and ABC on this and other issues plaguing the business community in Washington.  

Republicans have been on board with the repeal of the measure for a number of years. It is refreshing to see that the Democrats that have been blocking the measure are finally catching up with what matters to Business. The President has also succumbed, and agreed to sign the measure into law. 

It is comforting to finally see a bill get bi-partisan support and to know that all of our time and efforts spent in Washington pressing legislators on this issue were not in vain

As Sen. Scott Brown (R-Mass), the sponsor of the underlying withholding bill, said, “This is just the kind of thing we have been calling for, just the sort of thing we should be doing a lot more of around here.” 

The Senate also passed a bill offering tax incentives to companies that hire veterans (94-1). 
Read Full Story Here:

Next week, House Republicans will attempt to advance legislation combating the NLRB’s rule for “quickie union elections.” John Kline (R-Minn) stated, “We can’t wait for Democrats in Washington to wake up to the fact that the NLRB’s actions are wreaking havoc on American workplaces.” 

As with any issue effecting our members and their businesses, we will continue monitor this one closely. Full Story Here:
 

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