New Jersey's 13th Legislative District

Senator Joe Kyrillos

Senator Joe Kyrillos

Now Law: Kyrillos’ Bipartisan Jobs Bill to Allow Crowdfunding Investments in NJ

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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.

The new law sponsored by Sen. Joe Kyrillos allows people to engage in online crowdfunding in New Jersey. (©iStock.com)

“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.”

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Senator Joe Kyrillos

Kyrillos: Renewed Momentum in NJ’s Fight for Sports Betting

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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:

The U.S. Third Circuit Court of Appeals has agreed to consider New Jersey’s case to allow sports betting at venues in the state, including Monmouth Park. (Ted Kerwin/Flickr)

“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.”

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Senator Joe Kyrillos

Kyrillos Introduces Bipartisan Resolution to Make 9/11 Museum a ‘National Memorial’

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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.”

A resolution introduced by Sen. Joe Kyrillos urges the President and Congress to designate the 9/11 Memorial Museum as a “national memorial.” (Flickr)

“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.”

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Senator Jennifer Beck
Senator Joe Kyrillos

Bipartisan Kyrillos, Beck Resolution Honors Success of Haskell Invitational with American Pharoah

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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.

Sen. Joe Kyrillos and Sen. Jennifer Beck joined a bipartisan group of legislators to honor Monmouth Park for a successful Haskell Invitational featuring Triple Crown winner American Pharoah. (SenateNJ.com)

“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.”

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Senator Joe Kyrillos

Kyrillos Jobs Bill to Allow Crowdfunding Investments in NJ Advances to Christie

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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.

Legislation sponsored by Sen. Joe Kyrillos would allow people to engage in online crowdfunding in New Jersey. (©iStock.com)

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.”

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Senator Joe Kyrillos

Senate Passes Bipartisan Kyrillos Sandy Bill to Spark Quick Recovery at the Shore

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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.

Aerial view during an Army search and rescue mission shows damage from Superstorm Sandy to the New Jersey coast, Oct. 30, 2012. (U.S. Air Force/Master Sgt. Mark C. Olsen)

“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.”

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Senator Joe Kyrillos

Senate Passes Kyrillos Bill to Create, Retain Jobs in Atlantic City

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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 Senate passed legislation sponsored by Sen. Joe Kyrillos to help create jobs and grow the economy in Atlantic City by making it easier for new businesses to set up shop. (©iStock)

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.”

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Senator Joe Kyrillos

Kyrillos Bill to Make College More Affordable, Increase Transparency of Student Fees Clears Senate Committee

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The Senate Higher Education Committee advanced legislation sponsored by Senator Joe Kyrillos to decrease costs and increase transparency at higher education institutions by requiring colleges to publish an online breakdown of student fees and allow students to decline certain expenses.

Legislation sponsored by Sen. Joe Kyrillos to increase transparency in student fees at state colleges resulted from concerns about a $32,000 payment from the Rutgers University student activities fund to Nicole “Snooki” Polizzi, pictured. (Flickr)

The legislation, S-703, was originally introduced in 2011 after public outrage over the use of Rutgers University student activities funds to give Nicole “Snooki” Polizzi $32,000 to advise students: “Study hard, but party harder.”

“The growing cost of pursuing higher education is staggering, with many New Jersey students struggling to foot the bill and finish their degrees,” said Senator Kyrillos (R-Monmouth). “College students and their families should know exactly what they’re paying for, before their money is taken. By offering them the chance to opt-out, we are giving students the opportunity to create and pay for the college experience they want, instead of forcing them to pay for frivolous events that do not contribute to the quality education that they deserve.”

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Senator Joe Kyrillos

Panel Passes Kyrillos Jobs Bill to Allow Crowdfunding Investments in NJ

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The Senate Commerce Committee advanced bipartisan 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.

Legislation sponsored by Senator Joe Kyrillos would boost small business growth by allowing people to engage in online crowdfunding in New Jersey. (©iStock)

The bill, S-712/A-2073, would allow people to engage in online crowdfunding within the state of New Jersey.

“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.”

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Senator Jennifer Beck
Senator Joe Kyrillos

Monmouth Legislators Call on FMERA’s Board to Reject Plans To House Possible Asymptomatic Ebola Patients at Fort Monmouth

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Senator Jennifer Beck, Senator Joseph Kyrillos, Assemblywoman Mary Pat Angelini, Assemblywoman Caroline Casagrande, Assemblyman Declan O’Scanlon and Assemblywoman Amy Handlin offered the following statement in response to news that the New Jersey Department of Human Services would be seeking to extend their agreement with the Fort Monmouth Economic Revitalization Authority to possible house asymptomatic Ebola patients at Fort Monmouth, which currently ends June 30:

A colorized transmission electron micrograph (TEM) of the Ebola virus. (Flickr)

“As legislators representing Fort Monmouth and the surrounding communities, we do not feel it is appropriate to house possible asymptomatic Ebola patients at the Fort Monmouth site. The Governor has designated three hospitals in New Jersey as primary treatment facilities: University Hospital, Hackensack University Medical Center, and Robert Wood Johnson University Hospital.

“Fort Monmouth has no medical support services on site, so any symptomatic patient would have to travel off-site to a hospital.

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