Senator Joe Kyrillos (R-Monmouth) urged Assembly and Senate leaders to come back to the table and pass a state constitutional gaming ballot measure that’s right for the people of New Jersey, expressing dismay that we are losing the opportunity for this job and revenue-generating legislation.
“I’m very surprised that Jersey City Mayor Fulop isn’t using his considerable influence over the Assembly to motivate a compromise. This measure will be a new jobs-creating, revenue generating economic sector and remarkably may be centered in the Mayor’s hometown,” Kyrillos said.
The Senate passed legislation sponsored by Senators Christopher “Kip” Bateman and Joe Kyrillos establishing a school district regionalization task force that will study and make recommendations regarding the issues and benefits of consolidating school districts.
“If we are ever going to address New Jersey’s highest-in-the-nation property taxes and provide relief to homeowners we have to take a close look at consolidating school districts to create a more efficient and sustainable school system,” said Bateman (R-Somerset, Hunterdon, Middlesex, Mercer). “This task force will provide valuable insight and jumpstart the conversation on what is a complex issue, but one that carries great potential to enhance educational opportunities, streamline services and reduce costs.”
The Senate Education Committee advanced legislation sponsored by Senators Christopher “Kip” Bateman and Joe Kyrillos establishing a school district regionalization task force that will study and make recommendations regarding the issues and benefits of consolidating school districts.
“We have to begin working in earnest to create a more efficient and sustainable school system and regionalization and consolidation of services needs to be a part of that discussion,” said Bateman (R-Somerset, Hunterdon, Middlesex, Mercer). “Regionalizing school districts is a complex issue that requires a lot of thought and planning but in the right scenarios it is one that carries great potential to enhance educational opportunities, streamline services and address a leading contributor to New Jersey’s highest-in-the-nation property taxes.”
Job-creating legislation originally introduced in 2013 by Senator Joe Kyrillos to allow New Jersey residents to invest in New Jersey-based companies, startups, innovators and entrepreneurs was signed into law today. The law, formerly S-712/A-2073, which garnered bipartisan sponsorship from Senate Democrats Cruz-Perez and Lesniak, as well as Assembly Democrats Angel Fuentes and Upendra Chivukula, allows people to engage in online crowdfunding within the state of New Jersey.
“At a time when conventional sources of financing are scarce, this new law will help New Jersey’s innovators seek private capital from the investing public to develop their products or services right here in our state,” Kyrillos said. “Crowdfunding will level the playing field for future employers, giving those without access to Wall Street a chance to gain startup capital quickly and grow their business with the support of the community.”
Senator Joe Kyrillos (R-Monmouth), a prime sponsor of New Jersey’s law repealing prohibitions on sports wagering at racetracks and casinos, stated the following after a federal court decided to hear the case that would allow sports betting in New Jersey:
“This court reversal puts us back on the right course to create opportunities here, improve the quality of life, and enhance the state’s economy, job creation and retention at Monmouth Park and Atlantic City. As I’ve said for months, we will prevail, and the repeals that this legislature enacted on a bipartisan basis will ultimately stand.”
Senator Joe Kyrillos (R-Monmouth) introduced a bipartisan resolution urging the President and Congress to designate the 9/11 Memorial Museum as a “national memorial.”
“As the 14th anniversary of our nation’s darkest day approaches, we must ensure that as many people as possible have access to the 9/11 Memorial Museum that honors the thousands of our loved ones, friends and neighbors who tragically lost their lives and put their lives on the line for America during and after these terrorist attacks,” Kyrillos said. “As it is, the Memorial Museum is cost prohibitive for the average family, which is being charged more than $100 for a tour. This museum symbolizes our prevailing freedom, resilience against terrorism and gives hope for a brighter future. It is incumbent upon our federal government to designate this as a national memorial — and allow access that is on par with other national attractions in Washington — due to the far-reaching impact 9/11 has had on Americans, how it has united our nation, how it has revealed so many heroes and heroines to save and fight for our fellow citizens and country.”
The Senate adopted a bipartisan resolution by Senators Joe Kyrillos and Jennifer Beck (both R-Monmouth), commending Dennis Drazin and the entire Monmouth Park Racetrack Team for their efforts in executing a historic day, featuring Triple Crown winner American Pharoah, at the 48th William Hill Haskell Invitational on August 2.
“With this year’s record Haskell Invitational, featuring a Triple Crown winner, Monmouth Park once again showed its economic importance for the region and state by drawing more than 60,000 spectators, a worldwide television audience and creating tens of millions of dollars in economic impact,” Kyrillos said. “The equestrian industry has a long and storied history in the Garden State, producing goods and services in excess of $710 million and providing tens of thousands of jobs, as well as generating significant revenue through racing and recreation.”
“Congratulations and big thanks to Mr. Drazin and the entire team for one of the most successful sports-tourism events in our state’s history,” Beck said. “This is a shining example of just how important Monmouth Park is as a driver of economic activity and jobs for our state, and we will continue to make sure state government will be a great companion as the park expands and moves forward into the future.”
Job creating legislation originally introduced in 2013 by Senator Joe Kyrillos to allow New Jersey residents to invest in New Jersey-based companies, startups, innovators and entrepreneurs received final legislative approval.
The bill, S-712/A-2073, would allow people to engage in online crowdfunding within the state of New Jersey. It heads to Gov. Chris Christie for consideration.
“At a time when conventional sources of financing are scarce, this legislation will help New Jersey’s innovators seek private capital from the investing public to develop their products or services right here in our state,” Kyrillos said. “Crowdfunding will level the playing field for future employers, giving those without access to Wall Street a chance to gain startup capital quickly and grow their business with the support of the community.”
Bipartisan legislation sponsored by Senator Joseph Kyrillos that would provide small businesses in a shore municipality with a tax credit to offset money spent on rebuilding or repairing due to Hurricane Sandy was approved by the Senate.
“Thousands of New Jersey families and employers are still suffering the wait for aid to return to normalcy,” said Kyrillos (R-Monmouth). “With this third and pivotal summer-season upon us, we must immediately enact this creative solution to provide these residents and taxpayers with the financial assistance they need to finally return home and re-open their doors to hire and attract tourists who are vital to our recovery.”
The New Jersey Senate passed legislation sponsored by Senator Joe Kyrillos (R-Monmouth) to help create jobs and grow the economy in Atlantic City.
The bill, S-366, creates a pilot program modifying certain requirements for licenses issued under small-scale and staged casino facilities, permitting such casinos to be located in renovated or newly constructed buildings located within the Atlantic City Boardwalk zone.
“Nearly 8,000 hardworking New Jerseyans lost their jobs when four larger casinos closed last year,” said Senator Kyrillos. “Now, more than ever, it is essential that we bolster our efforts to get Atlantic City back on its feet and restore the city’s reputation as a worldwide resort, tourist and convention destination. This legislation will create jobs and grow the city’s economy by making it easier for new businesses to set up shop and help revitalize Atlantic City’s tourism industry.”