Diegnan & Burzichelli Corporate Business Reform Bill Package Gets Final Legislative Ok
Three-Bill Package is Part of Assembly Democratic Job Creation Effort & Would Help NJ Businesses Stay Competitive in Global Marketplace
(TRENTON) – A three-bill package sponsored by Assembly Democrats Patrick J. Diegnan, Jr., and John J. Burzichelli that would make changes to the state’s corporate business laws in order to keep New Jersey companies competitive in the global marketplace received final legislative approval from the State Senate on Thursday.
The bills are part of the ongoing Assembly Democratic job creation and economic development effort and stem from recommendations made by the Corporate and Business Law Study Commission. They now head to the Governor’s desk for consideration.
“Simplifying and streamlining outdated and confusing portions of New Jersey’s corporate business laws will help make it easier for the companies that are already here to continue conducting business,” said Diegnan (D-Middlesex). “These changes will make New Jersey even more attractive for businesses looking to set up shop or expand their presence in the state.”