With transportation funding negotiations deadlocked, County has plan to restart Shark River dredging

Freeholder Director Tom Arnone said he will announce a plan to restart the Shark River dredging project Wednesday morning at the Shark River Marina in Neptune Township.

The project, which had restarted on schedule on July 1 was halted at midnight on July 8 when Governor Christie’s executive order halting projects funded by the Transportation Trust Fund took effect.

The legislature failed to pass TTF funding with a $.23 per gallon gas tax on June 30th. The Senate’s plan was to increase the gas tax while phasing out the estate tax and reducing income taxes on retirees.  Christie and the Assembly agreed on a bill that would have raised the gas tax and reduced the sales tax from 7% to 6%.  Senate President Steve Sweeny and Assembly Speaker Vincent Prieto agreed to pass a revised version of the Senate’s original bill last week.  Yesterday, Christie said the Democrats plan is “dead on arrival.”

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Christie says Sweeney and Prieto have not shared their gas tax plan with him

MMM file photo

Brian T. Murray, Governor Chris Christie’s spokesman, told MMM in an email that Christie has not seen the Transportation Trust Fund legislation that Senate President Steve Sweeney and Assembly Speaker Vincent Prieto announced today.

New Jersey’s infrastructure construction projects have been shut down since July 8 when the TFF was down to a $10 million balance which being held for emergency projects.

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Sweeney and Prieto Agree On A Transportation Trust Fund Deal

Senate President Steve Sweeney and Assembly Speaker Vincent Prieto have a compromise deal on the Transportation Trust Fund, according to an announcement on the NJ Senate Democrats website.

“We have an agreement on a plan that is needed to address the state’s critical transportation needs at the same time it provides targeted tax savings for retirees, the working poor and middle class families,” said Senator Sweeney (D-Salem/Cumberland/Gloucester). “This is a bipartisan plan that supports a $2 billion a year Transportation Trust Fund and provides affordable tax cuts that will allow us to meet the state’s pension obligations without creating a fiscal crisis. This is an investment plan that will create jobs and support immediate and long-term economic growth.”

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Congressman Chris Smith’s Bill Would Allow Sandy SBA Loans To Be Paid Off By HUD Grants

Congressman Chris Smith and Monmouth County Shaun Golden prepare to survey Hurricane Sandy damage. November, 2012

Congressman Chris Smith (R-NJ4) introduced legislation yesterday that, if enacted, would allow Superstorm Sandy victims who borrowed from the Small Business Administration to fund the rebuilding to their homes and businesses to repay those loans with the proceeds of grants from the federal department of Housing and Urban Development.

The Equity for Disaster Victims Act, co-sponsored by Congresswoman Nydia Velázquez (D-NY),  would correct a con perpetrated by the government on Sandy victims in the aftermath of the strom and reform the federal government’s disaster relief programs to ensure fairness and flexibility.

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Rible: Let Towns Use Affordable Housing Money To Get The Lead Out Of Water

Assemblyman Dave Rible visiting fourth grade students at Spring Lake Hts Elementary School

Senate President Steve Sweeney and Assembly Speaker Vincent Prieto, the Democrat leaders of the New Jersey Legislature, called for a tax on water for fund the repair and replacement of the state’s aging and lead contaminated water infrastructure.

Assemblyman Dave Rible, the Republican Conference Leader in the lower house, said raising taxes is not the answer.  Rible is introducing a bill that would allow municipalities to contribute the monies now earmarked for affordable housing construction to instead by dedicated to a fund to be used to remediate lead contaminated properties.

“While we need to address the serious issue of lead contamination in our communities, raising taxes is not the answer,” said Rible.  “This bill would provide vital funding for rehabilitating lead-contaminated properties without forcing taxpayers to dig deeper to pay for these projects.”

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Sweeney slaps down Christie over N.J. Supreme Court nominee

Senate President Steve Sweeney. file photo by Art Gallagher

TRENTON — State Senate President Stephen Sweeney said Tuesday he will not give a hearing to Gov. Chris Christie’s new nominee to the state Supreme Court — the latest standoff in a feud between New Jersey’s top leaders that has suddenly been reignited. On Monday, Christie made the surprise announcement that he is nominating a fellow… Read the rest of this entry »

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Compromise Reached on North Jersey Casino Gambling Measure

Governor Chris Christie, Senate President Steve Sweeney and Assembly Speaker Vincent Prieto announced this afternoon that a compromised had been reached over two competing proposals to amend the New Jersey Constitution to allow casino gambling in northern New Jersey.

The compromise requires that, should New Jersey voters approve the proposed Constitutional amendment in November, that the new licensees be required to invest at least $1 billion in constructing new casinos and to impose a timeline on the licensees to build the new casinos.

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N.J. Senate, Assembly leaders negotiating on road funding

TRENTON — With an important deadline for New Jersey transportation funding looming, Senate President Stephen Sweeney said he and the Democratic Assembly speaker are “getting closer” on a plan to raise money for roads and bridges. Midway through 2016, the Transportation Trust Fund will run out of money for new projects. Senate Democrats want a $2… Read the rest of this entry »

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Sweeney plan to bypass Christie on N.J. public worker pensions clears first hurdle

TRENTON — A key state Senate committee on Thursday approved legislation to ask voters to revise the New Jersey constitution to require the state ratchet up contributions to the public pension system. The constitutional amendment relies on a big economic unknown: That the state’s natural growth will drum up at least $600 million a year in… Read the rest of this entry »

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Sweeney pushes forcing bigger N.J. pension payments by changing constitution

Senate President Steve Sweeney. file photo by Art Gallagher

TRENTON — State Sen. President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution. Such a constitutional amendment requiring the state to make payments into the public retirement fund was the expected to be the next step after the state Supreme Court this summer… Read the rest of this entry »

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