Following the most-recent news of a major New Jersey employer reportedly going to move its operations and employees to a more affordable, business-friendly state, Assistant Senate Republican Leader Joe Pennacchio unveiled several new bills to lower excessive costs for businesses and in turn create opportunities for New Jersey families, residents, entrepreneurs and employers.
“Today we read of yet another company that could take 1,000 hard working employees and families to a state where it reportedly costs as much as 20 percent less to do business,” said Pennacchio. “We know from talking with employers that we have to take feasible steps to address the high energy costs and overall cost of doing business in New Jersey that puts companies here at a steep disadvantage and makes it much more difficult to add jobs. We also need a fuller understanding of how New Jersey’s tax policies and incentive programs stack up to those in other states.”
In response to news of Cuba’s brazen reluctance to extradite one of America’s Most Wanted murderers, Senator Joe Pennacchio continued his demands for President Barack Obama to demand that Cuba return New Jersey cop-killer Joanne Chesimard.
“Joanne Chesimard is a convicted, sentenced and escaped murderess, who led one of the most-gruesome slayings of a police officer and public servant,” Pennacchio said. “While she roams the streets of Cuba freely, that dictatorship jails 8,000 political prisoners just for expressing different opinions than their oppressive government. Our President must demand her return to U.S. soil.”
Morris County Senators Joe Pennacchio and Anthony Bucco introduced a resolution urging the return of Joanne Chesimard from Cuba. Chesimard was convicted of murdering New Jersey State Trooper Werner Foerster during a 1973 stop on the New Jersey Turnpike. She escaped to Cuba from prison and was granted asylum by Fidel Castro, and the New Jersey State Police and the FBI are offering up to $2 million for information leading to her capture.
“Joanne Chesimard’s long overdue return to U.S. law enforcement should have been a no-brainer for the President to execute during his negotiations with Cuban leaders,” Pennacchio said. “This is a woman who caused tragedy by ending the life of a man dedicated to protecting and serving New Jersey residents and our freedom. She is on the FBI’s Most Wanted Terrorist List and has been shielded from justice by adversaries, so we urge our President to demand this justice for New Jerseyans and America as he works to restore ties with Cuba.”
Senator Joe Pennacchio called for the now dormant New Jersey Select Committee on Investigation to turn its attention to reforming the troubled Delaware River Port Authority.
“It’s abundantly clear that Democrats have used the legislature’s joint Select Committee on Investigation as a political tool to advance their own agendas, not to enact reforms for the people of New Jersey,” said Pennacchio, (R-Morris). “With the committee effectively put into recess today, Democrats have a last chance to put its broad powers to use for the good of taxpayers and commuters by turning its focus to bringing needed changes to the DRPA.”
Senator Joe Pennacchio announced that State Senator Sandra Cunningham has agreed to co-sponsor Senate Bill 2013 to reform and bring accountability to the Delaware River Port Authority (DRPA).
“I welcome Senator Cunningham’s strong support of this vital issue,” said Pennacchio. “As a respected leader within her caucus, she brings additional energy and welcomed transparency to this issue.”
Senator Joe Pennacchio issued the following statement after the Assembly today passed legislation he sponsors reforming and bringing accountability to the Port Authority of New York and New Jersey:
“It’s all well and good that Assembly Democrats finally passed this needed reform legislation for the commuters and taxpayers of North Jersey,” Pennacchio (R-Morris) said. “However, as they patted themselves on the back today, Democrats in both houses continued to neglect South Jersey residents and the need to bring accountability and transparency to the Delaware River Port Authority.”
Pennacchio Urges More Democrat, Union Leaders to Support Legislation to Revitalize Atlantic City, Strengthen Pension System
Senator Joe Pennacchio (R-Morris) urged Democrat legislative leaders and education and communications union officials to join two of the state’s largest public sector unions in supporting legislation to support both the revitalization of Atlantic City and the pension system.
In August, Senator Pennacchio introduced a constitutional amendment, SCR-134, to allow video slot wagering at the New Jersey horse racetracks. Under the proposal, which has been publicly endorsed by the Fireman’s Mutual Benevolent Association and the New Jersey State Police Benevolent Association, revenue from the expanded gaming would be divided to support both the state’s pension system and the revitalization of Atlantic City.
Senator Bashes Double-Standard for Port Authority Reform Legislation
Senate Transportation Committeeman Joe Pennacchio said the New Jersey Legislature must stop neglecting its responsibility to serve all residents and start passing legislation to ensure accountable and transparent port authorities at both ends of the state.
“The escalating turmoil and troubles at the Delaware River Port Authority clearly show the need for New Jersey’s Senate to join Pennsylvania’s in unanimously passing bipartisan-supported reform bill S-2013,” Pennacchio said. “It’s mind boggling that we could come together here in New Jersey to unanimously pass needed reforms for the similarly troubled Port Authority of New York and New Jersey yet completely fail to act on legislation to bring the same level of accountability and trust to the DRPA.”
The Pennsylvania Senate approved an identical version of Senator Pennacchio’s legislation, S-2013, by a vote of 50-0 on Wednesday.
Two of the state’s largest public sector unions have endorsed SCR-134, a constitutional amendment proposed by New Jersey State Senator Joe Pennacchio (R-Morris/Essex/Passaic) that would give the Legislature the authority to establish slot machine gambling at New Jersey’s four horse racetracks.
The so-called “racinos” would be run by a consortium of Atlantic City’s existing casinos. Fifty percent of those proceeds would be constitutionally dedicated to New Jersey’s public worker pension system, 40 percent would go to the consortium of Atlantic City casinos running the video slot machines and 10 percent would be provided for infrastructure and entertainment enhancements in Atlantic City.
Pennacchio Introduces Constitutional Amendment to Partner Racetrack and Video Slots, Aid Public Pensions
Senator Joe Pennacchio (R-Morris) has introduced a constitutional amendment to allow video slot wagering at the New Jersey horse racetracks. SCR134, which would need voter approval, allows the legislature to authorize slot machine wagering at New Jersey’s current four racetracks.
“Allowing slot machine wagering at New Jersey’s race tracks could generate hundreds of millions of dollars in revenue to support the pensions system and the revitalization of Atlantic City,” Pennacchio said. “There is an inevitability to racetrack “racinos” in New Jersey. Why not use the moment to strengthen and encourage Atlantic City and its casinos as well as increasing the solvency of our public workers pensions?”