On April 9, 2019, the New Jersey Economic Development Authority (NJEDA) authorized the creation of a revised Brownfields Loan Program (the "Program") to provide low-interest financing to borrowers in an effort to facilitate remediation of vacant or underdeveloped brownfields sites and return such sites to full and productive use, particularly in the under-served communities within the State. The Program is an expansion of the NJEDA's existing Brownfields Loan Program.
Local businesses within a commercial corridor looking to revitalize the economic, physical, and social value of its business should encourage their respective municipality to form Improvement Districts (“ID”).
On January 17, 2019, Governor Phil Murphy and Legislative Leaders announced the collective decision to raise the minimum wage rate in New Jersey from $8.85 per hour to $15 per hour for most businesses over a five (5) year period. On January 24, 2019, the New Jersey Assembly's Labor Committee approved legislation (Assembly Bill A-15) that would implement the minimum wage increase. If approved by other Legislative Committees, passed by both the full Assembly and Senate, and signed into law by the Governor in its present form, key provisions of Bill A-15 include the following
Aging infrastructure, rising sea levels, polluted stormwater runoff, and the impact of more intense weather events have created an urgent need for New Jersey to address its stormwater infrastructure.
Public Finance Shareholder Jeffrey Winitsky explains the newly adopted amendments to Rule 15c2-12 of the U.S. Securities and Exchange Commission Act of 1934 that effect reporting requirements for municipal bond issuers.
In this latest entry to the Public Schools and Education Blog, attorney Andrew W. Li discusses how the New Jersey Supreme Court found that -- for public employers – sometimes there can be too much Rice.
Municipal and Government Associate Daniel A. Davidow discusses another court ruling involving OPRA and the difference between medical and incident reports.
Municipal and Government attorney Michael J. Coskey explains the recent NJ Supreme Court ruling on OPRA's privacy clause.
Municipal and Government attorney, George Morris explains how to retain and destroy public records properly and avoid liability.