Tag Archives: Senator Michael Testa
Murphy Tagged $1 Billion of Ratepayer Subsidies to Bailout Failed Foreign Wind Energy Corporation
Senator Michael Testa recently addressed the withdrawal of Ørsted, a Danish wind energy company, from the Ocean Wind 1 & 2 offshore wind farm projects in New Jersey. Testa’s comments highlighted the complexities and controversies surrounding the state’s investment in green energy. Testa criticized the allocation of state funds, including a $1 billion investment in Ørsted’s projects, as a burden on taxpayers and ratepayers. He described the investment as “a drop in the ocean,” underscoring his view that the funds were insufficient to achieve the intended goals. Additionally, Testa expressed concern about the establishment of a $5 million wind institute, which he perceives as a “propaganda arm” of the wind industry. >>click to read<< 14:50
New Jersey: Bill Exempting Commercial Fishermen from State Unemployment Tax Now Law
Legislation sponsored by Senator Michael Testa and signed today by the Governor exempts commercial fishermen from a portion of the state unemployment tax. “Traditionally, New Jersey’s commercial fishermen have been on the hook for unemployment taxes, but they are not paid hourly wages and they have never been able to collect unemployment benefits,” Testa’s measure exempts commercial fisherman who are paid on the percentage of fish caught or a percentage of the selling price of those fish from the state unemployment law and its costly tax on earnings. >click to read< 09:47
New Jersey: Testa Bill that Exempts Commercial Fishermen from State Unemployment Tax Advances
The bill, S-3501, would exempt commercial fisherman who are paid on the percentage of fish caught or a percentage of the selling price of those fish from the state unemployment law and its costly tax on earnings. “This bill will be a big help for New Jersey fisheries, an industry that has been hit hard by the pandemic and one that the state’s economy depends on,” said Michael Testa (R-1). “It will allow hard working, skilled fisherman to keep more of their hard-earned income, a change that suits the independent nature of the proud individuals who make their living at sea.” >click to read< 18:34
