Job Creation and Small Business Growth
- Senator Sweeney and Assemblyman Burzichelli supported the “New Jersey Economic Opportunity Act of 2013.” The law allows businesses throughout South Jersey to pursue tax credits that will help them create jobs. It streamlines the process for companies to apply for economic incentive programs and levels the playing field for businesses throughout the state, as it was crafted in such a way to ensure that South Jersey businesses are given opportunities to seek these incentives.
- Seeing the need for change, Assemblyman Burzichelli is crafting legislation that will revise the current liquor law process in NJ. The proposed bill creates new liquor licenses for certain restaurants and permits the issuance of additional liquor licenses in certain municipalities. This proposal also would provide tax credit under the corporate business tax and gross income tax for fair market value of certain alcoholic beverage licenses.
- Led by Senate President Sweeney, several members of the Legislature have begun work on an initiative called “New Jersey: Investing In You” to focus on investing in six areas through legislation: early childhood education, college affordability, world class transportation, “promise neighborhoods” to revitalize communities, public-private partnerships to aid job creation and retirement security. This Initiative will help generate growth and expand economic opportunities with targeted investments that will provide benefits for the people of New Jersey.
Paulsboro Marine Terminal
- Senator Sweeney and Assemblyman Burzichelli have worked to advance the Paulsboro Marine Terminal, a $247 million infrastructure investment which will create jobs throughout the South Jersey region. When fully complete, the Paulsboro Marine Terminal will employ 2,500 full-time workers, including truck drivers, loaders, logistical technicians, warehouse workers, processors, billers and shippers. A wide range of import, export and domestic commodities will be received by, distributed from or processed by the Paulsboro Marine Terminal. Potential commodities include bulk and break bulk products such as gypsum, salt and plastics, building materials and machinery. Holt Logistics Corporation has partnered with the South Jersey Port Corporation for the construction of the new terminal.