Assembly Republicans want to cut income taxes as part of the new state budget, part of a four-pronged plan for responding to an unprecedented surge in state revenues and surplus.
State tax collections are growing at an unprecedented rate and a portion of the windfall appears likely to be used to provide more direct tax relief to residents.
New Jersey’s higher education goals include attracting more federal research grants to its colleges, part of providing students more hands-on learning opportunities – plus the boost for the state economy.
Though lawmakers have expressed interest in restoring aid to municipalities that is diverted to the state, that's not in Gov. Phil Murphy's budget plan.
Lawmakers granted Gov. Phil Murphy’s request to delay his speech introducing the proposed state budget for fiscal 2023 by two weeks, from Feb. 22 to March 8.