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NJBPU approves 2 new offshore wind projects

NJBPU approves 2 new offshore wind projects
njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.

Long-beach-island , New-jersey , United-states , Trenton , Jersey , Seaside-heights , American , New-jerseyans , Kira-lawrence , Joe-fiordaliso , Christine-guhl-sadovy , Joseph-fiordaliso

N.J. will 'fight like hell' to keep $300M from offshore wind developer that walked away

N.J. will 'fight like hell' to keep $300M from offshore wind developer that walked away
nj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nj.com Daily Mail and Mail on Sunday newspapers.

Jersey , Denmark , Danish , Phil-murphy , Wind-economic-development , Office-of-the-governor , New-jersey-governor-phil-murphy , Offshore-wind-economic-development , User-agreement ,

Orsted Scraps Delayed Offshore Wind Projects in USA

Orsted suffered impairments of up to $4.04 billion for the first nine months leading it to cease the Ocean Wind projects.

United-states , Maryland , New-jersey , Connecticut , New-york , Cape-may , Ocean-city , Denmark , Danish , Michaelj-donohue , Len-desiderio , National-historic-preservation

Orsted's Offshore Wind Project in New Jersey Faces Another Suit

The Cape May county government is leading a lawsuit against USA federal agencies alleging disregard for environmental diligence in the approval of Ocean Wi...

Ocean-city , New-jersey , United-states , Cape-may , Denmark , Elizabeth-klein , Len-desiderio , Michaelj-donohue , Department-of-the-interior , National-marine-fisheries-service , Bureau-of-ocean-energy-management , Jersey-superior-court

WindAction | Cape May County to appeal court order recording Orsted easement

The County of Cape May, New Jersey will appeal a Judge’s decision ordering the Cape May County Clerk to file an easement transferring County property interests to the Danish offshore wind company Orsted’s Ocean Wind One project. "Remember, we believe this easement was taken from the people of Cape May County by the Board of Public Utilities in an unconstitutional fashion and without required due process,” said former New Jersey Superior Court Judge Michael J. Donohue, who is serving as Special Counsel to the County on offshore wind issues. 

Denmark , Cape-may-county , New-jersey , United-states , Cape-may-court-house , Jersey , Ocean-city , Danish , Michaelj-donohue , Appellate-division , Court-assignment

Norcross, Hoyer & Sherrill Host Roundtable Discussion with Wind Energy Producers, Manufacturers, Local Officials

Norcross, Hoyer & Sherrill Host Roundtable Discussion with Wind Energy Producers, Manufacturers, Local Officials
insidernj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidernj.com Daily Mail and Mail on Sunday newspapers.

Jersey , Gloucester-county , New-jersey , United-states , Borough-of-paulsboro , State-of-new-jersey , Paulsboro , America , American , Bob-damminger , Gary-stevenson , Phil-murphy

New Jersey Economic Recovery Act of 2020 | Genova Burns LLC


On December 21, 2020, the New Jersey Legislature passed the “
New Jersey Economic Recovery Act of 2020” (the “Economic Recovery Act” or the "Act"), an omnibus piece of legislation which provides support for various programs and policies related to jobs, property development, food deserts, community partnerships, and small and early-stage businesses, among others. The bill now heads to Governor Murphy, who is expected to sign it into law.
In an effort to bolster development, the Economic Recovery Act creates, among other things, various tax credit programs which will provide qualifying taxpayers with tax credits for project financing gaps for: (i) qualified redevelopment projects, (ii) rehabilitating qualified historic New Jersey properties, (iii) remediation costs for qualified brownfield redevelopment projects, and (iv) establishing and retaining new supermarkets and grocery stores in food desert communities.

Jersey , New-jersey , United-states , Wind-economic-development , Grow-new-jersey-assistance-program , Jersey-aspire-program , Recovery-finance-program , Economic-development-authority-integrity , Jersey-legislature , Economic-development-authority , Division-of-portfolio-management

NJ Set To Pass $14 Billion Tax-Break Plan Amid COVID-19 Crisis


UpdatedThu, Dec 24, 2020 at 10:13 am ET
Replies(82)
(Jose F. Moreno, Staff Photographer / The Philadelphia Inquirer)
NEW JERSEY — As businesses continue to struggle and many find it hard to make ends meet, Gov. Phil Murphy is set to sign a massive, $14 billion corporate tax-break bill into law that's supposed to give New Jersey a big boost amid the COVID-19 crisis.
The more than 100-page New Jersey Economic Recovery Act of 2020 — introduced last Wednesday — received criticism for its limited public testimony. But Murphy defended the proposal in Monday's coronavirus news conference, saying the bill would update economic-development incentive programs that expired more than a year ago.

Jersey , New-jersey , United-states , Philadelphia , Pennsylvania , Tom-davis , Phil-murphy , Josef-moreno , Christopher-emigholz , Paul-sarlo , Wind-economic-development , Jersey-aspire-program

Pintor Marin, Coughlin on Comprehensive Economic Recovery Plan and Tax Incentive Reform Legislation, Measure Clears Legislature, Goes to Governor


Press Releases
Pintor Marin, Coughlin on Comprehensive Economic Recovery Plan and Tax Incentive Reform Legislation, Measure Clears Legislature, Goes to Governor
December 21, 2020, 2:34 pm | in
Pintor Marin, Coughlin on Comprehensive Economic Recovery Plan and Tax Incentive Reform Legislation, Measure Clears Legislature, Goes to Governor
Bill Receives Strong Bipartisan Support in Assembly & Senate
 
(Trenton) – Supporting small businesses, driving sustainable economic growth, and the long-overdue reform of our tax incentives system— the legislation sponsored by Assembly Budget Chair Eliana Pintor Marin and Assembly Speaker Craig Coughlin to put New Jersey on a path to economic recovery post-COVID-19 and into the future cleared the full Legislature on Monday.

Jersey , Trenton , New-jersey , United-states , Eliana-pintor-marind-essex , Pintor-marin , Eliana-pintor-marin , Wind-economic-development , Legislature-on , Measure-clears-legislature , Jersey-aspire-program , Assembly-speaker-craig-coughlind-middlesex