Legislative Updates

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Governor Murphy Signs Remote Shareholder Meeting Legislation

By Hilary Chebra

8/25/2021

219th Legislative Session General Business

On August 24, Governor Murphy signed A-4918/S-3266 (Greenwald/Johnson/ Mukherji/Diegnan), which allows corporations and certain financial institutions to hold remote shareholder meetings. The CCSNJ was proud to support this bill as it moved through the Legislature, which will assure that certain businesses have the additional flexibility they need as they continue to navigate the pandemic’s impact on operations. To read the CCSNJ position on this legislation, please click here.

Governor Murphy also signed the following bills into law:

A-2374/S-1953 (Mukherji/Pinkin/Smith/Bateman) - Directs the New Jersey Economic Development Authority (NJEDA) to establish a program for public or private financing of certain renewable energy, water, and storm resiliency projects through use by certain municipalities
S-3995 (Sweeney/Singleton) - Establishes the School and Small Business Energy Efficiency Stimulus Program Fund within the New Jersey Board of Public Utilities (NJBPU)
A-5588/S-3812 (McKnight/Kennedy/Moen/Greenstein/Bateman)* – Appropriates funds to the New Jersey Department of Environmental Protection (NJDEP) for environmental infrastructure projects in FY2022
A-5589/S-3813 (Caputo/Taliaferro/Chaparro/Codey/Corrado)* – Authorizes the New Jersey Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects in FY2022
A-5816/S-3848 (Tully/Swain/Speight/Lagana) – Allows county Boards of Elections to expand staff and appoint a Clerk within county budgetary requirements
A-5819/S-3924 (Freiman/Speight/Lampitt/Gopal/Greenstein)* – Authorizes the New Jersey Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2022
A-5841/S3932 (Zwicker/Karabinchak/Smith/Vitale) - Revises certain funding provisions for financial assistance and grants from the Hazardous Discharge Site Remediation Fund within the NJDEP.

*Indicates CCSNJ supported bill.

Should you have any questions, please contact Hilary Chebra, Manager of Government Affairs at hchebra@chambersnj.com.

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Manager, Government Affairs, CCSNJ

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