Message from the Gov

Dear Friends,

In October I addressed a special session of the Legislature to introduce a number of measures that would stimulate job growth, provide assistance to those in need and get our economy back on track. This month, I’ve signed into law almost every measure I introduced in October.

WATCH THE VIDEO ON THE GOVERNOR’S
ECONOMIC STIMULUS PACKAGE
http://www.youtube.com/user/jonscorzine

· HOME FORECLOSURE PREVENTION, signed December 1: Provides $12.5 million in state funds and $51.4 million in federal funds for foreclosure prevention assistance as well as mortgage mediation and counseling opportunities.
· JOB CREATION AND INVESTMENT CREDITS, signed December 9: Provides NJ businesses a $3,000 grant for every new job they create and a 7% sales tax credit for qualified capital investments.

· ECONOMIC ASSISTANCE FOR FAMILIES, signed December 12: Provides $22.5 million to help struggling families get food, heat and the legal aid needed to keep them in their homes

· LOW COST LOANS FOR BUSINESSES, signed December 16: Creates the Main Street Business Assistance Program which will help banks offer low cost loans to qualified businesses and ease the credit crunch.

· SENIOR PROPERTY TAX FREEZE, signed December 18: Provides property tax relief averaging $1,000 to more disabled residents and seniors on a fixed income.

· BUSINESS TAX REFORM, signed December 19: Reform the state’s corporate tax laws to make New Jersey more attractive to business.

I know times are tough right now, and that’s why this administration has taken such a strong stance on providing economic assistance during this recession. The measures listed above will not only help us come out of this recession more quickly, but also put us in a stronger position for growth during the economic rebound that will inevitably follow.

You find more information about my Economic Assistance and Recovery Plan, including how to get assistance for your family at http://nj.gov/governor/home/plan.html

Sincerely,

Jon S. Corzine,
Governor