Cannabis Bill to Regulate Hemp Sales Awaits Murphy’s Signature - Lawmakers approved on June 28 S3235, a bill which would place intoxicating hemp products under the regulatory purview of the NJ Cannabis Regulatory Commission. The legislation aims to restrict minors’ access to hemp products containing enough THC to cause intoxication. However, critics say the bill would [...]
Policy Fellow Linda Stamato published a new op-ed in the MorristownGreen discussing the recent landmark Supreme Court decision overturning the Chevron precedent and upending federal agencies' ability to impose regulations.
By Will Irving Read Report R/ECON’s economic forecast for New Jersey as of June 2024 continues to show a slowing trajectory, though the decline in annual GDP growth is not as pronounced as in the prior forecast. The anticipated slowdown has also been deferred from 2024 to 2025, consistent with expectations for the [...]
By Taylor Hughes. One of the fastest-growing populations in the United States is older adults (65+), primarily due to increased life expectancy and the aging of the Baby Boomer generation [...]
The Supreme Court overturned the 1984 decision Chevron v. NRDC, and NJSPL Principal Investigator Dean Stuart Shapiro discusses the far-reaching effects this decision will wreak on regulatory policy throughout the U.S.
Digital/Tech Legislature Passes Tax Incentive Program for Artificial Intelligence - On June 28, both houses passed S3432, legislation that establishes Next New Jersey, a tax incentive program to encourage artificial intelligence (AI) development. Under the Economic Development Authority-administered program, businesses which collect more than half of their revenue or devote more than half their staff to [...]
By Jessica Parineet. New Jersey currently has an ambitious goal to install 11,000 megawatts (MW) of offshore wind capacity by 2040, as part of a broader commitment to 100% clean electricity by 2035 [...]
Angie Nga Le, Miranda Alperstein, and Suhaib Yehya. Higher education plays a pivotal role in both individual career advancement and the long-term economic prosperity of a state. In New Jersey, elevating postsecondary attainment [...]
NJSPL Policy Fellow Linda Stamato published a new op-ed in NJ.com discussing disease prevention in the U.S. and the importance of protecting our public health system on the federal level.
Education Lawmakers Abandon Plan to Subsidize Private School Tuition - Sponsors of the proposed New Jersey Student Support Act withdrew the bill following widespread stakeholder opposition. The bill would have directed the state to spend $37.5 million annually on tax credits to enable students to attend private school. Taxpayers could claim credit for contributing to organizations [...]
