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On Wednesday, March 26 the Chamber of Commerce Southern New Jersey(CCSNJ) testified at the Senate Budget Appropriations Committee, the last of two public hearings on the FY2026 State Budget as proposed by Governor Phil Murphy. CCSNJ Director of Government Affairs Hilary Chebra reiterated the Chamber’s recommendation that 15 percent of revenue generated from the Corporate Transit Fee be specifically allocated to South Jersey transportation projects.  In addition, Ms. Chebra expressed concerns over the budget’s reliance on increased taxes and fees, cautioning that the proposed $1.1 billion in new taxes could disproportionately impact South Jersey’s economy. The CCSNJ will continue to monitor the budget hearings throughout the month of April, which will focus on the various state departments and Treasury’s revenue estimates. The Legislature will then present their budget in June with a deadline of June 30, 2025 to identify a compromise budget with Governor Murphy.CCSNJ Provides Comments on FY2026 Budget at Senate Hearing
Media Coverage of CCSNJ’s Testimony