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Page 48 - ஜெர்சி பொருளாதார வளர்ச்சி அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Small businesses in NJ eligible for steep PPE discounts again

NJ to spend $100M on statewide electric vehicle program

The Murphy administration will be spending $100 million on statewide electric vehicle programs, through a combination of funds from the Volkswagen emissions settlement and the state’s revenue from the recently re-joined multi-state Regional Greenhouse Gas Initiative. Gov. Phil Murphy, during a Feb. 16 press announcement in Newark, boasted the proposal as a means to push the .

NJ businesses won t be taxed on paycheck protection loans

TRENTON In an effort to help New Jersey small businesses battered by the ongoing pandemic, Paycheck Protection Program loans will be tax exempt at the state level for the 2020 tax season. Those who received the tax-exempt loans also are able to deduct business expenses paid for with the proceeds, state officials announced Tuesday. Out of 155,851 PPP loans that New Jersey businesses received, nearly 134,000 of them were for amounts less than $150,000, totaling $4.6 billion, according to the governor s office. Another 19,066 of the PPP loans received in New Jersey were for amounts of between $150,000 and $1 million each, totaling $6.6 billion. Based on those figures, the remaining 2,824 PPP loans received by state companies totaled $6.1 billion, as the state received PPP loans that totaled $17.3 billion.

New Mexico eyed for major nuclear waste storage facility

Michael Benanav / Searchlight New Mexico and is republished here by permission. For most New Mexico businesses, the arrival of COVID-19 wreaked havoc, caused shutdowns or threatened doom. But for one enterprise potentially one of the world’s largest nuclear waste sites the pandemic offered an unusual opportunity. A long-planned nuclear waste storage facility in the southeastern New Mexico desert was rushed through the approval process during the pandemic, according to New Mexico’s congressional delegation, environmentalists and other opponents. Typically, project foes would have been able to voice their disapproval at Nuclear Regulatory Commission hearings around the state. The coronavirus brought an end to such public gatherings, however, so New Mexico lawmakers asked the NRC to pause the hearings.

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