Tag Archives: New Jersey

New Jersey Governor pledges fight against harmful algal blooms

Late last month, New Jersey Governor Phil Murphy announced that his administration will distribute more than $13 million to fund a new initiative to reduce and prevent future harmful algal bloom outbreaks in New Jersey. The NMMA said it applauded the program, which will fund science-based prevention, mitigation, study, and response efforts across the state. "The presence of harmful algal ...

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Christie signs boat tax cut for New Jersey residents

TRENTON, N.J. – New Jersey Governor Chris Christie signed into law legislation that cuts the sales and use taxes on purchases of recreational boats by 50 percent, to 3.5 percent. The law also sets a $20,000 cap on sales tax imposed on such purchases, and provides a 30-day grace period during which a tax will not be levied on the ...

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New Jersey Senate votes to approve Governor Christie’s call to reduce boat sales tax

TRENTON, N.J. – The Democratic-controlled state Senate in New Jersey voted 33-1 to approve a bill that would reduce the sales tax on all boats bought in the state by 50 percent, according to NJ.com. Governor Christie conditionally vetoed the bill originally, saying the first proposal would have provided relief only for those who buy vessels for more than $285,000. ...

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Christie proposes New Jersey boat tax break extend to smaller vessels

Trenton, N.J. – Governor Chris Christie conditionally vetoed a bill on Monday designed to spur New Jersey’s boat-building industry by reducing the sales tax paid on expensive vessels, as originally reported in a story on Press of Atlantic City. Christie wants changes to the bill and is willing to sign a revised version, as long as owners of smaller vessels ...

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