Archive for Tag: District 30

Thomson bill that offers more protections to New Jersey insurance companies signed into law

TRENTON, N.J. – Assemblyman Ned Thomson’s bill that will bring state law into alignment with federal law providing protections to New Jersey based insurance companies was signed into law Monday. “This change is ultimately most important to policyholders,” Thomson (R-Monmouth) explained. “It will protect policyholders—you and me—in the case...

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Bill that modernizes contractor payroll certification signed into law

TRENTON, N.J. – A bipartisan bill that will streamline submissions of public work contractors’ payrolls was signed into law Wednesday. Current law only requires those contractors submit written payroll records to the Department of Labor and the contract-awarding public body. The bill (S1442/A5345), sponsored by Assemblymen Ned Thomson, Christopher...

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Murphy delivers broken promises, increased health care costs to municipalities

TRENTON, N.J. – Local government leaders will be forced to raise property taxes or cut services after promised relief for escalating health care costs was unexpectedly dropped from Gov. Phil Murphy’s $54.3 billion FY24 budget. Assemblyman Ned Thomson criticized Democrat leaders for adding $1.2 billion in pork spending to...

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Bill that modernizes contractor payroll certification passes Assembly

TRENTON, N.J. – The Assembly on Friday passed a bill that will streamline submissions of public work contractors’ payrolls. Current law only requires those contractors submit written payroll records to the Department of Labor and the contract-awarding public body. The bill (S1442/A5345), sponsored by Assemblymen Ned Thomson and Christopher...

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Thomson calls for pause in offshore wind projects

TRENTON, N.J. – Assemblyman Ned Thomson is joining the growing number of voices calling on Gov. Phil Murphy to halt offshore wind turbine projects until independent, thorough studies showing the potential impacts to marine life and the Jersey Shore economy are completed. Thomson – whose bill granting water farming...

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Governor signs Thomson bill that extends Right to Farm protections to aquaculture activities

TRENTON, N.J. – Farming in water environments, referred to as aquaculture, now has the same protections as farms on land in the Garden State. Assemblyman Ned Thomson’s bill (S428/A3039) extending those protections under the Right to Farm Act was signed into law by Gov. Phil Murphy Monday. The Act protects...

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Tax exemptions will entice more workers to save for retirement, Thomson says

TRENTON, N.J. – More employees would be eligible to make tax-exempt retirement contributions under a bill moved out of the Assembly Financial Institutions and Insurance Committee Monday. Assemblyman Ned Thomson’s legislation (A512/S737) would provide income tax exclusions for contributions made to 401(a) pensions, 403(b) plans, 408 IRAs, 457 deferred-compensation...

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