Maddy summaryThis bill requires New Jersey's State Commission on Capital Budgeting to include an annual debt affordability analysis in the State Debt Report. The analysis must evaluate the state's ability to manage existing debt and future borrowing, using specific metrics like debt-to-revenue ratios and comparing New Jersey's debt levels to those of other states with similar economic profiles. It directly affects the Commission and state agencies by mandating detailed reporting on debt service costs, long-term obligations, and affordability benchmarks for legislative review. The provision does not change debt limits but provides data to inform future budget decisions.
Sponsored bills
Maddy summaryS 1545 expands New Jersey's Tuition Aid Grant (TAG) program to include part-time undergraduate students at public and private colleges and universities (excluding county colleges), who are currently ineligible for the state financial aid program. The bill requires that part-time students receive grants adjusted proportionally to their enrollment level (e.g., half-time students would receive half the grant amount of full-time students). It also mandates separate budget appropriations for part-time grants to ensure funding is allocated specifically for this expanded eligibility. This change aims to improve access to state financial aid for students who cannot enroll full-time due to work, family, or other responsibilities.
Maddy summaryThis bill requires New Jersey state agencies to promote manufacturing career pathways for students through higher education. It creates a $10 million annual grant program for colleges, universities, and vocational schools to establish or expand manufacturing programs (with 50% of funds going to county colleges, 25% to four-year schools/private colleges, and 25% to vocational districts). The bill also directs a state liaison to assist manufacturing businesses with marketing, referrals to support services, and workforce reskilling initiatives. These provisions directly affect students seeking manufacturing careers, educational institutions developing relevant programs, and manufacturing businesses statewide.
Maddy summaryThis bill authorizes the Casino Reinvestment Development Authority (CRDA) to finance transportation projects connecting Atlantic City Airport to the Atlantic City Tourism District. It directly affects the CRDA, which would manage these projects, and the Tourism District, defined as areas primarily serving tourism (including casinos, convention centers, and adjacent properties). The key provision allows the CRDA to fund transportation infrastructure improvements between these two locations. The bill does not create new taxes or alter existing district boundaries but enables CRDA to use its existing authority for this specific transportation purpose.
Maddy summaryThis bill directs New Jersey's Department of Education to launch a multimedia advertising campaign promoting teaching and education support careers as engaging and rewarding. The campaign must highlight available scholarships, student loan programs, and financial support, while using digital, TV, radio, print, and other media. It specifically requires targeted outreach to recruit more teachers from underrepresented racial groups and to fill high-demand roles like STEM education, special education, and bilingual programs. The $1 million funding - drawn from federal American Rescue Plan Act (ARP) funds - will support these efforts, with the campaign taking effect immediately upon passage.
Maddy summaryThis bill requires companies and research facilities in New Jersey that use cats, dogs, or ferrets for product testing or research to assess these animals for adoption suitability after testing ends. If deemed suitable, they must offer the animals to animal rescue organizations or private individuals for adoption, following specific procedures. Facilities must report details like animal numbers, assessment results, and adoption outcomes to the Department of Health, with penalties of up to $50,000 for noncompliance. The law directly affects testing facilities, research institutions, and animal rescue organizations, aiming to provide a pathway for animals used in testing to find new homes.
Maddy summaryNew Jersey's S 1035 increases tax credits for businesses conducting research in the state. It raises the credit rate for qualified research expenses from 10% to 15% for corporations primarily operating in targeted industries like clean energy, life sciences, and advanced transportation. The bill also increases the basic research payments credit to 15% and makes the total credit refundable (allowing taxpayers to receive cash payments for unused credits). These changes apply only to research conducted within New Jersey and affect eligible corporations filing business tax returns.
Maddy summaryThis bill requires New Jersey's State Planning Commission to create a plain-language guide for municipal planning boards reviewing warehouse development applications, including distribution, fulfillment, and last-mile centers. The guide must include examples of questions about community benefits (like job creation and environmental mitigation) and concerns (such as traffic and safety), to be posted online. It also updates training for local officials to incorporate this new guidance into their land use law courses. The bill directly affects municipal planning boards, developers seeking warehouse approvals, and local officials responsible for land use decisions.
Maddy summaryThis bill increases New Jersey's Earned Income Tax Credit (EITC) by raising the state's matching percentage of the federal credit from current rates up to 45% for tax years starting in 2026. It directly affects low-income New Jersey residents, particularly single adults without children who were previously ineligible due to age requirements but meet federal EITC criteria. Key provisions include expanding eligibility to residents aged 18+ without qualifying children and allowing those filing separately due to domestic abuse to claim the credit. The changes apply to tax years beginning in 2022 and later, with benefit calculations tied to the federal credit amount for each filing status.
Maddy summaryThis bill establishes the "New Jersey Fostering Success Voucher Act" to provide rental assistance and case management services to young adults aged 18-26 who were in foster care or kinship care and are experiencing homelessness or at imminent risk of homelessness. Eligible individuals must reside in New Jersey, meet moderate-income standards, and agree to participate in case management services provided by approved agencies. The program, administered by the Department of Community Affairs, appropriates $10 million from the General Fund to fund rental vouchers comparable to existing state rental assistance programs and secure required case management support. It directly affects young adults transitioning from foster care systems by offering financial stability and support services to prevent homelessness.