TRENTON, N.J. – Assemblywoman Victoria Flynn’s bill increasing the competitive advantage of New Jersey-based insurance companies while potentially reducing policy costs for Garden State residents was signed into law Monday. The law (A4785/S3409), which takes effect immediately, allows for higher foreign investment limitations, which gives New Jersey insurance companies...
TRENTON, N.J. – New Jersey may soon fall in line with the majority of states by making for-profit debt adjusters eligible to receive licenses to operate. Assemblywoman Victoria Flynn’s bill amending the law that limits debt adjuster licenses to nonprofit agencies passed the Assembly State and Local Government Committee...
TRENTON, N.J. – Legislation authored by Assemblywoman Victoria Flynn increasing the competitive advantage of New Jersey-based insurance companies nationally while potentially reducing policy costs for Garden State residents, passed the Assembly on Thursday. Flynn’s bill (A4785/S3409) would allow for higher foreign investment limitations, thus allowing New Jersey insurance companies...
TRENTON, N.J. – In 2019, Assemblyman Christopher DePhillips sponsored legislation that successfully doubled the angel investor tax credit. Noting increased competition from neighboring states and a lagging economy, he introduced a bill Tuesday to increase the tax credit again. DePhillips’ bill (A5056) increases the tax credit for investments in...
TRENTON, N.J. – Businesses struggling to find highly qualified workers may benefit from pre-apprenticeship programs, says Assemblyman Brandon Umba. Umba’s bill (S525/A280) that would allocate funds for those programs passed the General Assembly Thursday. It now goes to the governor’s desk for signing. “Everyone is aware of the work shortages...
TRENTON, N.J. – A bill that would allow authorized Department of Labor employees to give guidance to employers about possible overtime violations passed the Assembly Thursday. The bill is sponsored by Assemblymen Michael Torrissi and Brandon Umba. The bill (A281) is in response to Elmer Branch v. Cream-O-Land Dairy....