Senate Passes Oroho Measure to Save NJ Businesses $300M

The state Senate today passed legislation sponsored by Senator Steven Oroho to avert a substantial tax on New Jersey businesses.

“By reducing unemployment insurance tax rates for the upcoming fiscal year, this measure saves businesses approximately $300 million, which allows them to continue adding more jobs for New Jersey’s workforce,” said Oroho, a member of the Economic Growth and Budget committees.

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