The Department of the Treasury reported that September revenue collections for the major taxes was down 4.4% from 2019 and down nearly 9% for the first quarter of the financial year.
Gov. Phil Murphy provided a more detailed timeline of the events leading up to two staffers testing positive for COVID-19.
Legislators panned the governor’s veto, calling it the latest blow to one of the hardest-hit industries by the pandemic.
Geared now more to addressing the financial hardships the state has undergone due to the coronavirus pandemic, the tax would end after two years, during which the state could collect roughly $1 billion in revenue.
Reps. Donald Payne and Albio Sires are two long-serving Congressmen being challenged by GOP nominees Jennifer Zinone and Jason Todd Mushnick.
The majority of the money, $70 million in total, will be distributed to restaurants, microbusinesses, and other small businesses through Phase 3 of the New Jersey Economic Development Authority Small Business Emergency Assistance Grant Program.