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March Updates from the NJBAC! ??

EducationEconomicGeneral News Article

 
Your resource for current news, policies and helpful updates impacting New Jersey businesses
 

Now Live – Citizen’s Online Guide to the Updated State Plan
The NJBAC’s Office of Planning Advocacy has launched a new website showcasing the Preliminary Draft of the New Jersey State Development and Redevelopment Plan. This interactive platform enables the public to explore the State Plan Policy Map, navigate its 10 Goals, and understand the finalization process in a clear, user-friendly format.
Explore Here
 

Updated Reporting Requirements for Business Owners
Beneficial ownership information (BOI) reporting requirements are back in effect, with a new deadline of March 21, 2025, for most companies. Under the Corporate Transparency Act (CTA), the Treasury Department will “assess its options to further modify deadlines while prioritizing reporting for those entities that pose the most significant national security risks.”
Learn More
 
Helping Employees Save for Retirement Benefits Your Business
Business owners often underestimate the impact of attrition and the costs of replacing workers. Todd Hassler, Executive Director of RetireReady NJ, discusses the importance of retirement benefits and how they can enhance your business.
Learn More
 
Pay Transparency Law Will Go into Effect June 1, 2025
The new law requires employers with at least 10 employees to disclose the hourly wage or salary range for the advertised position. It also mandates a general description of all benefits and other compensation programs the applicant would be eligible for within the first 12 months of their employment.
Learn More
 

New Report Focuses on Wealth Disparity in New Jersey
 
The Murphy administration released a long-awaited report examining the root causes of economic gaps affecting Black and Latino residents and outlining recommended strategies to address them.
Learn More
 

Cannabis Corner: Rules and Regulations
The New Jersey Cannabis Regulatory Commission (NJ-CRC) is organizing several virtual Medicinal Cannabis Program Town Hall meetings. With the recent legalization of personal-use cannabis in the state, the NJ-CRC is seeking feedback from patients and healthcare providers as it reviews the medicinal cannabis regulations to enhance patient benefits. The first virtual town hall will be held Wednesday, March 19, 2025, at 6 p.m. 
Learn More
 

Visit the Licensing and Certification Guide for more details on licensing your business, or contact the NJ Business Action Center (1-800-JERSEY-7) with your business questions. 
Licensing and Certification Guide
 
Download and Explore the NJ Small Business Manual⤵️
Choosing the proper business structure is critical to your success! Whether you're a sole proprietor, LLC, or forming a corporation, each business structure impacts taxes, liability, and legal requirements. Need help determining where you fall? The NJBAC is here to support your journey. Download and explore the NJ Small Business Manual or submit a request for a print copy, both available in English or in Spanish.
Contact Us For Assistance

Visit business.nj.gov for a "live chat" with our NJBAC business experts,

from 8 a.m. - 5 p.m. ET, Monday-Friday.

You can also call us at 1-800-JERSEY-7.
The New Jersey Business Action Center is a division of the Department of State. 
P.O. Box 820
Trenton, NJ 08625-0820
nj.gov/state/bac/
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Your resource for current news, policies and helpful updates
impacting New Jersey businesses. 
All content © BAC / All rights reserved.

March Updates from the NJBAC! ??

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