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Phase 3 of the Grant Program expands eligibility to any business with 50 or fewer full-time equivalent employees (FTEs) and increases the amount of funding businesses can receive. The New Jersey Labor Department said it "successfully processed" the additional $300 a week in federal jobless benefits on Thursday. All government entities with a population of at least 500,000 were eligible for funding. These stimulus payments are not subject to Income Tax in New Jersey and should not be reported on your New Jersey Income Tax return. Promotional support provided by InsiderNJ. ajax? HESAA continues to serve the students and families of New Jersey. Chatham High School pauses in-person learning after a spike in COVID-19 cases, Spreading Hanukkah’s message of hope during COVID-19, Bracing for debate over child COVID-19 vaccine, As NJ awaits first delivery of COVID-19 vaccine, concern over ‘vaccine hesitancy’. Expendituresgenerally include spending on government salaries, infrastructure, education, public pensions, public assistance, corrections, Medicaid, and transportation. A New Jersey woman is charged with sending money to a terrorist group in Syria affiliated with al-Qaeda. However, most New Jersey unclaimed money is a direct result of previous owners passing away. "The coronavirus outbreak has exacerbated existing hunger issues and has created new struggles for families who have lost jobs and wages," said NJ Agriculture Secretary Douglas Fisher. MORRISTOWN, N.J. – The Policemen's Benevolent Association of a New Jersey town is suing the local police department, claiming police officers have … The UK's new 12-sided … That leaves more than 88% either unspent or uncommitted about four months after the state learned how much it would receive. The state credit ratingis the grade given by a credit rati… A foreign money transmitter license is required for any person to engage in the State of New Jersey ONLY in the business of the receipt of money for transmission or transmitting money to locations outside of the United States by any and all means, including but not limited to payment instruments, wire, facsimile, electronic transfer, or otherwise, for a fee, commission or other benefit. Counties with populations of more than 500,000 got direct federal assistance for testing, personal protective equipment, disinfecting county facilities, collecting and sharing public health data, providing shelter and many other purposes. New Jersey’s unclaimed property laws generally refer to money that is held as money, not to real or personal property. Critical services regulated by NJBPU include natural gas, electricity, water, wastewater, telecommunications and cable television. Please create a new account for reporting and remitting your unclaimed property. The remaining $20 million will be available to support any eligible business. Grassmann Trust, the F.M. The pound was the money of account of New Jersey until 1793. "Small businesses and the people they employ are the backbone of New Jersey's economy, yet they have borne a disproportionate share of the burden of the COVID-19 pandemic," said Governor Phil Murphy. “That money should have been out on the street as soon as we got it,” said Assemblyman Hal Wirths (R-Sussex), the Assembly Republicans’ budget officer. The bulk of the money, $70 million, will be distributed to restaurants, microbusinesses, and other small businesses through Phase 3 of the New Jersey … “I think he is just hoping to be able to use that money for the budget,” Wirths said. $35 million will be dedicated to support businesses classified as "Food Services and Drinking Places" under NAICS code 722 and $15 million will be directed to support "micro-businesses" that have five or fewer employees. Major funding provided for Chat Box with David Cruz provided by; New Jersey Manufacturers Insurance Group, New Jersey Education Association, and Fuel Merchants Association of New Jersey. New Jersey is currently holding hundreds of millions of dollars in unclaimed funds! New Jersey State Comptroller’s Office Releases Annual Oversight and Outreach Plan for Making New Jersey Government More Efficient, Effective and Transparent 2020-2021 Oversight and Outreach Plan. NJ Money Skills This website is brought to you in partnership by the State of New Jersey Department of Children and Families and PayPerks who are working together to help improve the financial skills of New Jersey… Economic Impact Payments (stimulus payments) are issued by the federal government to help ease the economic burden created by COVID-19. Have a news tip you'd like to share? LEARN MORE Jersey City, over the Hudson River from Lower Manhattan, is the site of Liberty State Park, where ships set out for Ellis Island, with its memorable Immigration Museum, and the famous Statue of Liberty. It is unclear whether some of this is being funded with CRF dollars or from other, earmarked grants. “While these gestures are undoubtedly appreciated and significant, the state of New Jersey should properly compensate these heroes financially for their courageous efforts and provide them with a hazard pay bonus.”. N.J.S.A. Jersey £1 coins ceased to be legal tender in Jersey on 15 October 2017 to coincide with the withdrawal of the circular £1 coin in the UK. Many State Agencies and organizations are responding with needed programs during this serious health emergency. “The money in that treasury account needs to be put out on the street to do exactly what it was designed to do: Help small businesses and the hospitality industry,” Bucco said of the $2.11 billion in unspent CARES Act funds. Send an email to russ.crespolini@patch.com. November 18, 2020. Credit: (Edwin J. Torres/NJ Governor’s Office), Murphy signed a bill that allows the state to borrow up $9.9 billion, U.S. Treasury department has issued guidance, $5.3 billion from close to 50 separate federal relief programs, S&P Global Ratings suggested another reason, Newark ER nurse gets NJ’s very first COVID-19 vaccination, First COVID-19 vaccines arrive, state warns most will wait months to get shots, LIVE UPDATES: Tracking the coronavirus in New Jersey, NJ hospitals ready to administer first round of COVID-19 vaccines. That includes $250 million to reimburse local and county governments for pandemic-related costs for which no other funding was available. Bucco said he hears every day from business and restaurant owners who say they are in dire financial straits and may not be able to survive without help from the state. Bucco is a co-sponsor, along with Sen. President Steve Sweeney (D-Gloucester) and others, of a bill (S-2704), introduced last Thursday, that would spend $30 million of CARES Act funding to provide relief to restaurants that had geared up to open indoor dining July 2 only to have Murphy change his mind a few days beforehand and keep indoor dining shut. The New Jersey Lottery makes every effort to ensure the accuracy of … Maria Bell, 53, is accused of knowingly concealing her involvement in providing material support to Al-Nusra, a former Al-Qaeda affiliate in Syria, according to Reuters.The Hopatcong, New Jersey, woman was scheduled to appear before a judge in Newark via video Wednesday afternoon, Reuters reported. These funds will build off of the $20 million announced in July that the Department of Agriculture (NJDA) used to support Emergency Feeding Organizations, which have been supporting food banks, food pantries, hunger relief centers, and soup kitchens that provide food to those in need. “All federal money comes with very strict regulations, and there’s approval processes … We don’t know if any additional federal money is coming.”. In Fiscal year 2018 the state of New Jersey returned over $142 million in unclaimed money to over 50,000 residents, with the largest claim at $3.6 million. The remaining $5 million will be used to provide relief for New Jersey residents facing food insecurity. Eligible workers should expect to see a … If you think you might have lost funds in New Jersey or even if you’re just curious, visit the Unclaimed Money homepage and submit your full name and state where you reside. 'The Vaccine Is Safe,' Says First American To Get The Pfizer Dose, Latest NJ Nor'easter Snow Update: 24 Inches, 55 MPH Wind Possible. ©2020 NJ SPOTLIGHT NEWS, ALL RIGHTS RESERVED, It’s difficult to follow the money, but evidence is that Murphy administration has used less than 10% of state’s allotment. For New Jersey and many other states, new trouble stems from guidance issued by the Treasury Department late Wednesday. Last week, Murphy signed a bill that allows the state to borrow up $9.9 billion to cover what he and sponsors say are emergency costs associated with the coronavirus crisis. TRENTON - -Governor Murphy issued a revenue certification today, as required by the New Jersey Supreme Court before any general obligation bonds can be issued under the COVID-19 Emergency Bond Act. Verified Purchase. "If we are to emerge from this pandemic stronger and more resilient than we were before, it is incumbent on us to support them in any way possible. The Small Business Emergency Assistance Grant Program and the PPE Access Program are powerful tools that will help thousands of business owners and employees face the challenges the pandemic has created," said NJEDA Chief Executive Officer Tim Sullivan. In addition to the $2.39 billion the state received, nine counties — Bergen, Camden, Essex, Hudson, Middlesex, Monmouth, Ocean, Passaic and Union counties — shared another $1.05 billion. 46:30B1-109; UPA Rules and Regulations While Gov. Troy Singleton (D-Burlington) wrote to Murphy and the leaders of both houses of the Legislature in May asking them to use some of the federal stimulus funds to provide “hazard pay bonuses” for essential workers, including grocery store cashiers, chefs, health care workers and others. Help Those in Need – “Adopt A Family” with Operation Holiday®, No One Asked For This: A Quarantine Game Show, 2021 Stock and Tax Planning Strategies for Corporate Executives, Enjoy Online Holiday Savings With Capital One Shopping (Ad), The Best Holiday Gifts For Everyone On Your List. On Friday, the Department of Human Services announced its new Housing Assistance Program, which will use $12 million from the CARES Act to provide rental or mortgage assistance payments on behalf of eligible households that have suffered a financial hardship due to COVID-19. CAMDEN, N.J (STL.News) A New Jersey attorney was sentenced today to 216 months in prison for money laundering as part of a multi-year scheme to embezzle money from his clients, U.S. Attorney Craig Carpenito announced. However, as these funds can be held in the state general fund, they can be co-mingled with other investments and will have the effect of improving cash liquidity, at least until December.”. “Although the United States Department of Treasury authorized states to provide much needed relief for local governing bodies that did not meet the above noted population threshold, the State of New Jersey has yet to release any CRF monies for COVID-19 related expenses,” wrote John Donnadio, the association’s executive director, in a July 10 letter to Murphy. Views expressed by our advertisers and sponsors are their own, and are not endorsed by NJ Spotlight News. New Jersey Lost Funds – Only A Simple Search Away. Chatham Business Owner Named A TIME Magazine Hero Of 2020, Nor’easter Forecast In Mendham, Chester: What To Expect, Morristown Medical Center To Begin Giving COVID Vaccines Tuesday, Here Is The Cheapest House On The Block In Mendham, New Jersey Pledges 14 Electoral Votes To Joe Biden/Kamala Harris. You must be at least 18 years of age to be a member of the New Jersey Lottery VIP Club. Everyday citizens are finding lost funds in New Jersey using their computers and mobile devices. The state has so far received a total of $5.3 billion from close to 50 separate federal relief programs, a majority of which is earmarked for specific purposes such as K-12 school reimbursements and emergency food assistance. Goal. `` grants for everything from educational projects to public health initiatives Jersey state departments Agencies. Counties that did not respond to a request for comment about the spending figures are a collector of field! 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