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Deferred compensation for tax-exempt and governmental executives

Duane Morris LLP
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USA
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September 29 2010

One of the most significant challenges in attracting talented executives in the tax-exempt and governmental entity (TEGE) sectors is designing a compensation structure that accomplishes three goals: rewards acknowledged "superstars" in the field; incentivizes performance commensurate with the long-term goals of the entity; and sufficiently protects the entity against employees' being lured away by other employers

Budget officials encouraged by revenue numbers

Duane Morris LLP
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USA
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February 2 2011

For the second month in a row reverence collections came in above estimate

Educational tax benefits

Duane Morris LLP
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USA
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January 13 2011

The Internal Revenue Code contains a number of deductions and credits to subsidize the cost of higher education, which are multiple, overlapping and somewhat conflicting

Legislature announces joint budget hearing schedule

Duane Morris LLP
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USA
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January 31 2011

Senate Finance Committee Chair John A. DeFrancisco and Assembly Ways and Means Committee Chair Herman D. Farrell, Jr., announced the Joint Legislative Hearing Schedule on the 2011- 2012 Executive Budget proposal

Shared services reform legislation moves forward

Duane Morris LLP
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USA
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June 30 2011

Legislation sponsored by Senate President Steve Sweeney (D-Gloucester, Cumberland, Salem) that would promote taxpayer savings through the elimination of government redundancies, cleared the Senate Community and Urban Affairs Committee

Governor rejects civil service reform legislation

Duane Morris LLP
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USA
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February 8 2011

Governor Chris Christie signed a conditional veto of an ineffective civil service "reform" bill advanced by the legislature, citing its failure to include the critically needed opt-out and furlough options for municipalities

New law returns NJ to single June primary

Duane Morris LLP
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USA
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October 3 2011

Demonstrating a commitment to New Jersey's state and local taxpayers, Acting Governor Kim Guadagno signed bipartisan legislation to provide for a single June primary election in 2012, inclusive of New Jersey's presidential primary

Revenue numbers again miss target

Duane Morris LLP
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USA
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October 6 2011

The state fell short of its anticipated collection total for the month of September by 6.1 percent, or $151.8 million, according to figures released by the Department of Revenue

Jobs legislation clears senate

Duane Morris LLP
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USA
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October 3 2011

Committed to getting the state's economy moving again, the Senate voted out several pieces of legislation that will spur job creation and help small businesses grow in New Jersey

Measure establishes tax credits for job creation

Duane Morris LLP
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USA
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October 3 2011

A bipartisan bill sponsored by Senator Raymond J. Lesniak which would create the “Grow New Jersey” program to provide tax incentives for New Jersey-based companies which maintain existing employment levels and create new jobs was approved by the Senate by a vote of 38-0

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