"This will stimulate the economy of New Jersey like nothing ever has before," S2703 sponsor Sen. Nicholas Scutari, D-22nd District, said prior to voting. “We’re on the precipice of a historic event here, starting something and creating jobs like no other legislature has done before. We have that opportunity."
The measure still has to go before a floor vote in both chambers, after which Gov. Phil Murphy would have to sign the bill.
Murphy, while at an unrelated press conference earlier that day, would not comment on the bill, only saying that he was glad the legislative process has been moving forward.
“It’s too early to tell as it relates to exactly the elements that ultimately are written there,” Murphy said. “We’ll see, but happy to see the progress.”