TCS

New Jersey Gov. Phil Murphy proposed a $48.9 billion fiscal 2023 spending plan, one that includes a $4.2 billion budget “surplus.”

The New Jersey Assembly Tourism, Gaming, and the Arts Committee advanced legislation to enforce internal controls of the New Jersey Racing Commission, including the prompt reporting of revenues.

Replenishment of the New Jersey’s unemployment insurance fund by businesses can be offset with federal dollars if a bill advanced by the Senate Labor Committee becomes law.

New Jersey Gov. Phil Murphy is poised to give his annual budget address on Tuesday, and he finds himself in the enviable position of having a “budget surplus.”