As we reflect on 2024, the Chamber of Commerce Southern New Jersey (CCSNJ) remains committed to advocating for policies that support regional economic competitiveness and job growth. This year has seen significant legislative developments and the CCSNJ has actively engaged on multiple important policy issues that represent the needs of our members, as well as the strength of South Jersey.

Below is an overview of some of the key issues the CCSNJ weighed in on throughout 2024:

Corporate Transit Fee

CCSNJ strongly opposed the 2.5 percent Corporate Transit Fee, which was proposed in the Governor’s budget as a dedicated funding source for NJ Transit. CCSNJ argued that this tax would undermine South Jersey's competitiveness compared to neighboring Pennsylvania and Delaware. Additionally, the CCSNJ noted that South Jersey lacks the extensive public transportation infrastructure available in North Jersey, resulting in a tax burden on South Jersey businesses for a service they cannot benefit from. Though the Corporate Transit Fee was signed into law, during the Senate vote, Senate Budget Chair Paul Sarlo acknowledged that the state must do better for South Jersey when it comes to access to NJ Transit. Read the CCSNJ’s guest commentary on this subject in the Press of Atlantic City here.

Gas Tax

Based on extensive member feedback, the CCSNJ opposed a gas tax increase, which was proposed as a part of the Transportation Trust Fund (TTF) reauthorization in March. Although the CCSNJ wholeheartedly believes that investment in infrastructure of any kind is the backbone of the economy, the CCSNJ was forced to oppose the proposal because a key funding mechanism would come from an increased gas tax. Due to the region’s significant lack of public transportation options South Jersey residents drive more than others. As a result, the CCSNJ argued that any increase in the gas tax disproportionality impacts the region’s residents and businesses.

Environmental Regulations & Energy Policy

CCSNJ advocated for ensuring energy and environmental regulations balance environmental sustainability and the need to mitigate climate risks while still allowing businesses to thrive. The CCSNJ provided comments at the first of four public hearings on the 2024 New Jersey Energy Master Plan and provided written comments on New Jersey Department of Environmental Protection’s proposed Protecting Against Climate Threats (NJPACT) Resilient Environments and Landscapes (REAL) Rule.

New Jersey Disparity Study

The CCSNJ was an invited guest at multiple legislative hearings to discuss the findings of the New Jersey Disparity Study. During testimony, the CCSNJ spoke about our strong disappointment in the results of the Study, as well as our commitment to helping policymakers advance measures that improve contracting opportunities for diverse-owned businesses. Additionally, throughout the year, the CCSNJ supported legislation to improve contracting opportunities for diverse-owned businesses.

Workforce Development Initiatives

Recognizing the ongoing labor shortage in critical industries, CCSNJ has continued to support legislation to expand funding for apprenticeship programs and workforce training grants, such as the New Jersey Works Act sponsored by Assemblyman William Spearman of New Jersey’s Fifth Legislative District. The CCSNJ has long supported collaboration between business, education and the trades and was pleased to see this bill advance in both the Senate Budget & Appropriations Committee and Assembly Appropriations Committee.

Transportation Infrastructure Investment

Advocating for transportation infrastructure investment in South Jersey was a top priority throughout 2024. CCSNJ worked with Governor Murphy’s team and supported legislation aimed at enhancing access to transportation, including legislation to expand the Mobility and Transportation Innovation Pilot Program. This bill will help to address the "last mile" challenge and increase mobility across the region by exploring creative micro transit options.

Cannabis Regulations

Earlier this month, the Cannabis Regulatory Commission (CRC) voted to change the Social Equity Excise Fee (SEEF) rate for 2025 to $2.50 - far lower than the initially prosed rate of $30. The CCSNJ was instrumental in raising objections to the $30 rate, which would have been devastating to cannabis dispensaries across South Jersey.

As we enter the new year, CCSNJ will continue to advocate for policies that strengthen our region’s economic vitality, address workforce challenges, and support innovation and growth. We remain dedicated to keeping South Jersey a great place to do business. Thank you for your engagement and support.

To find all the CCSNJ Legislative Updates, click here.

 To find all the CCSNJ's position papers, click here.