During the Assembly budget hearing, the state treasurer announced an unexpected $200 million windfall, which will be used for the public pension payment. But New Jersey will still owe more than $1 billion.
Gov. Christie conditionally vetoed a bill for New Jersey to pull out of the New York and New Jersey Waterfront Commission, which Congress created 60 years ago. Supporters of the bill say the Commission is impeding job creation.
After a devastating fire in Edgewater, lawmakers have approved the New Home Fire Safety Act, which would mandate all new one- and two-family dwellings to have sprinkler systems. The bill has passed both chambers and awaits the governor's signature.
Major funding for NJTV News provided by Barnabas Health, Horizon Blue Cross Blue Shield of New Jersey, Independent College Fund of NJ, LiveU, PSE&G, New Jersey Association of REALTORS, New Jersey Education Association, New Jersey Manufacturers Insurance Group, Star-Ledger/NJ.com, Verizon, and Wells Fargo.
Additional support for NJTV News is made possible by E.J. Grassmann Trust, The Hyde and Watson Foundation, Marjorie & Clarence Unterberg Foundation, Marty and Dorothy Silverman Foundation and Union Foundation.