In a prior blog post we examined recent changes to New Jersey Site Remediation Reform Act ("SRRA") stemming from the passage of Assembly Bill A-5293. This new law, colloquially known as "SRRA 2.0," makes a few important changes to New Jersey's site remediation laws that may impact clients involved in purchase-and-sale or other property transfer transactions.
On August 9, 2019, Governor Phil Murphy Assembly Bill A-2004, (the "Bill"), which now permits municipalities in New Jersey to pay non-residential property tax appeal refunds over a period of three years.
Client Alert! On August 8, 2019, the U.S. Department of Labor ("DOL") issued an opinion letter in which the DOL concluded that the Family and Medical Leave Act ("FMLA") covers a parent’s attendance at his/her child’s individualized education ("IEP") meeting at school.
On August 6, 2019 Acting Governor Shelia Oliver signed the Wage Theft Act into law. The law revised New Jersey wage and hour laws to include new civil and criminal penalties for failure to pay compensation and benefits, pensions, medical treatment, disability benefits, and workers' compensation.
In Parts 1 and 2 of this series, we discussed the circumstances that led to the planned phase-out of the London Inter-bank Offered Rate, commonly referred to as “LIBOR” and the proposed replacement rate known as the Secured Overnight Financing Rate (“SOFR”). In this last part of the series, we will present the proposed language recommended by the Alternative Reference Rate Committee (“ARRC”) to be used in new contracts that reference LIBOR.
On July 25, 2019, New Jersey Acting Gov. Sheila Oliver signed A1094 into law, which amends the New Jersey Law Against Discrimination to prevent employers from asking about workers’ wages and salary histories.
The New Jersey Constitution allows disabled veterans to benefit from special local property tax treatment in the form of a total exemption. The intent of the exemption, in part, is to compensate veterans for the experiences of war and to acknowledge their sacrifices.
In February of 2019, Governor Murphy signed a bill that gradually increases the minimum wage, over the span of multiple years, to $15.00 per hour. The minimum wage for most employees is currently $8.85 per hour. However, the minimum wage will increase on July 1, 2019.
In February of this year, Governor Phil Murphy signed a bill that expanded the Family Leave Act. While some of the expansion took effect immediately, other changes are phased in.
Memorial Day weekend marks the unofficial start of the summer season along the Jersey Shore. As the tourist season begins in earnest, the New Jersey Legislature is working quickly to pass legislative fixes intended to alleviate aspects of New Jersey's 11.65% tax on short-term rental properties located within the State (referred to colloquially as the "Airbnb Tax").