Christie reviews transition team's 'bold' proposals

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					                                                                                                                                                       Pinpointing a location
          THIS       WEEK



                                                                                                                                     Small-business owners discuss what they look
                                                                                                                                       for in a town before setting up shop. Page 17


                                                                                                                    ®                                            Small Business Spotlight
                                                                                                                            $2.00                               FEBRUARY 1, 2010                       www.njbiz.com
Betting they can cut red tape

                                                                                                                                                         Christie reviews




                                                                                                                                     Christina Mazza
New Assembly committee targets
gaming industry regulations. page 5




                                                                                                                                                         transition team’s
                                                                                                                                                         ‘bold’ proposals
                                                                                                                                                         Reports focus on job creation, green energy
on the cutting edge                                                                                                                                                      By anDrEW kitChEnMan
Universal Display could see big gains
                                                                                                                                                         NEW JERSEY BUSINESSES could find themselves operating
from its organic LED technology. page 5
                                                                                                                                                         in a very different state over the next four years if Gov. Chris
                                                                                                                                                         Christie enacts some of the far-reaching
                                                                                                                                                         set of proposals put forward by his 19 tran-
                                                                                                                                                         sition subcommittees.
                                                                                                                                                               Ideas range from requiring a superm-
                                                                                                                                                         ajority of the Legislature to approve tax
                                                                                                                                                         hikes to taking over the stalled and vacant
                                                                                                                                                         Xanadu megamall project.
                                                                                                                                                               The labor report advocates taking
                                                                                                                                                         the word “labor” out of the title of Depart-     Chris Christie
                                                                                                                                                         ment of Labor and Workforce Development, and refocusing
                                                                                                                                                         the department on economic development. “The current
thawing the credit freeze                                                                                                                                name suggests a bias toward organized labor, and a change in
A local real estate group aims to create                                                                                                                 the name will help the department more closely align with all
a funding source for new projects. page 7                                                                                                                stakeholders,” the report said.
                                                                                                                                                               The reports were “full of bold ideas,” Christie said.
Making it                                                                                                                                                                              ➤➤   See REPORTS on page 9
page 12




                                                                                                                                                         EPA program: Waste
Marketing tips
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DOCUMENT INFO
Description: Economic development proposals include allowing businesses to carry tax losses forward into future years, and moving to a flat business income tax rate.
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