March 13, 2026 | nj1015.com In response to a senior exodus, the state Legislature passed the Stay NJ Act in 2024, which Gov. Phil Murphy signed into law. It first created a Stay NJ Task Force to determine how to provide property tax relief for senior homeowners and tenants with incomes under $500,000 a year. With the new law in effect this year, state lawmakers are hoping to keep a dwindling tax base of seniors who have been hit hard by property tax increases of several hund

Statement by Governor Mikie Sherrill on the Hearing on Gateway Tunnel Project in the U.S. Court of Federal Claims March 12, 2026 | nj.gov “We have repeatedly fought Donald Trump’s illegally cutting off funding for the Gateway Tunnel project and won, for workers, and for the 200,000 daily riders who need the Gateway tunnel. “As a result, 1,000 workers are back at work and the nation’s most urgent infrastructure project is back on track. “Just yesterday, we won for the fourth

March 13, 2026 | nj1015.com ExxonMobil on Tuesday said it is redomiciling its legal headquarters to Texas. It’s top reason: Texas’ new business court and regulatory framework. The board said it “considered Texas’ legal and regulatory environment, including its modernized business statutes and the Texas Business Court, which is designed to resolve complex disputes efficiently. When corporate decisions are challenged, Texas courts are required to apply clear, statute-based sta

March 10, 2026 | njspotlightnews.org Gov. Mikie Sherrill has proposed a record, $60.7 billion state budget that calls for increased spending on public education and mass transit, and continued major investment in direct property tax relief and worker pensions. As state government grapples with a significant structural budget imbalance, Sherrill, a first-term Democrat, is also calling for some reductions in planned spending as part of the budget she’s proposed for the fiscal

March 12, 2026 | njspotlightnews.org Despite concerns about import tariffs and Middle East war, state government revenue forecasters in New Jersey are predicting overall tax collections will slightly exceed their initial forecast, at least for now. New projections have added more than $180 million to the expected bottom line, according to projections released by the state Department of the Treasury for the current fiscal year, which ends June 30, Read More: Click Here NJ SE