News & Analysis as of

Governor Murphy

McCarter & English, LLP

New Jersey FY 2026 Budget Tax Law Changes

On June 30, 2025, Governor Phil Murphy signed into law the FY 2026 state budget (the “FY 2026 budget”), totaling $58.8 billion (see our prior alert New Jersey Enacts FY 2026 Budget: Key Takeaways). The FY 2026 budget...more

Troutman Pepper Locke

New Jersey Increases Mansion Tax Rates and Shifts Payment Obligation to Sellers

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On June 30, Governor Phil Murphy signed Bill A5804 into law, amending N.J.S.A. § 46:15-7.2-7.4; N.J.S.A. § 54:15C-1, and introducing significant changes to New Jersey’s realty transfer tax structure. These changes — effective...more

Stark & Stark

Governor Murphy’s Mansion Tax Modification

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New Jersey residents are familiar with the “Mansion Tax” and its companion, the “Controlling Interest Transfer Tax,” which were implemented in 2004 and 2006, respectively. The Mansion Tax requires purchasers of certain...more

Cole Schotz

New Jersey’s Latest Budget Has Sweeping Changes to the Mansion Tax

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The latest budget passed by the New Jersey legislature and signed by term-limited Governor Phil Murphy quietly enacted changes to New Jersey’s Mansion Tax, which affects not only residential properties but commercial...more

McCarter & English, LLP

Mansion and Controlling Interest Transfer Tax Amendments Signed Into Law: Buyers and Sellers Must Move Fast to Avoid Rate Increase

On Tuesday, July 1, Governor Phil Murphy signed into law Senate Bill S4666/Assembly Bill A5804 (collectively, the Bill), which impacts certain transfers of real property. The Bill amends the existing fees imposed on certain...more

Mandelbaum Barrett PC

Distracted Driving Awareness Month: A Call to Action in New Jersey

Mandelbaum Barrett PC on

At Mandelbaum Barrett PC, safety on the road is more than a seasonal initiative—it’s a year-round commitment. This April, during Distracted Driving Awareness Month, we stand with the New Jersey Department of Labor and...more

McCarter & English, LLP

New Jersey FY 2026—Department of Health Budget Hearing

On April 3, 2025, New Jersey Department of Health (NJDOH) Commissioner Dr. Kaitlan Baston appeared before the Senate Budget and Appropriations Committee to present Governor Murphy’s proposed Fiscal Year 2026 State Budget for...more

McCarter & English, LLP

New Jersey Governor Phil Murphy’s FY2026 Budget Address: Key Highlights

In his final budget address, Governor Phil Murphy is proposing a $58.05 billion plan, with a strong emphasis on preserving funding for critical priorities while cutting spending on various programs. The address underscores...more

Saiber LLC

New Jersey Governor Murphy Advocates for Zoning and Permitting During State of the State Address

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In his 2025 State of the State Address on January 14, 2025, New Jersey Governor Phil Murphy highlighted his administration's push for significant reform of the state's zoning and permitting laws. ...more

McCarter & English, LLP

Governor Murphy’s 2025 State of the State Address

Yesterday, Governor Phil Murphy delivered his annual State of the State Address, outlining an ambitious agenda aimed at securing economic opportunity and strengthening New Jersey’s future. Murphy is in his final year of...more

Genova Burns LLC

UPDATE - New Jersey Employers Need To Start Preparing For The New Pay Transparency Law's June 1, 2025 Effective Date

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On November 18, 2024, New Jersey Governor Phil Murphy signed into law, Senate Bill 2310, making it the eleventh state to enact a pay transparency law. On June 1, 2025, when the new law goes into effect, certain New Jersey...more

Greenbaum, Rowe, Smith & Davis LLP

An Overview of New Jersey’s New Pay Transparency Legislation for Employers

On November 18, 2024, New Jersey Governor Phil Murphy signed into law new pay transparency requirements. The legislation, which makes New Jersey the latest state to embrace pay transparency by requiring employers to include...more

Stark & Stark

New Jersey’s New Compensation Disclosure Law: What Employers Need to Know

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On November 18, 2024, Governor Murphy signed a law which will require New Jersey employers with 10 or more employees to disclose certain compensation benefit information in job advertisements....more

Mandelbaum Barrett PC

New Jersey’s New Hemp Regulations Create More Problems Than They Solve

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Governor Phil Murphy’s signing of Senate Bill 3235 on September 12, 2024, represents a significant shift in the regulation of intoxicating hemp products in New Jersey. The original intention of the bill was to restrict sales...more

Cole Schotz

New Jersey Passes New Pay Transparency Law

Cole Schotz on

On November 18, 2024, Governor Phil Murphy signed into law A4151/S2310, which will require employers to provide pay transparency for employment opportunities advertised internally or externally to the general public. The new...more

Jackson Lewis P.C.

Transparency Takes Center Stage: NJ Governor Signs Bill Requiring Salary Disclosure in Job Postings

Jackson Lewis P.C. on

New Jersey Governor Phil Murphy has signed into law a new statute requiring pay transparency. The law will become effective on June 1, 2025. Specifically, the law requires all employers that have at least 10 employees over...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New Jersey to Require Employers to Disclose Pay and Benefits in Job Postings, Promotion Opportunity Notices

On November 18, 2024, New Jersey Governor Phil Murphy signed statewide pay transparency legislation that will require employers, beginning in June 2025, to disclose compensation and benefits in job postings and notices of...more

Jackson Lewis P.C.

Getting Clear on NJ’s Upcoming Pay Transparency Law: Terms, Requirements + Noncompliance Consequences Employers Need to Know

Jackson Lewis P.C. on

New Jersey is poised to join the growing list of states requiring employers to include the range of the hourly wage or salary in postings for new jobs or transfer opportunities. Senate Bill 2310 requires most businesses to...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New Jersey Pay Transparency Law Is the Stroke of a Pen (and Seven Months) Away From Becoming Law

On September 26, 2024, the New Jersey Legislature passed Senate Bill 2310 (S2310), which will require transparency about compensation and benefits in internal and external postings of promotion opportunities, job listings,...more

Saiber LLC

Controversial New Law Restricting Hemp Sales in NJ Spurs Lawsuit by Hemp Businesses

Saiber LLC on

On September 12, 2024, New Jersey Governor Phil Murphy signed Senate Bill 3235 into law, igniting controversy across the state’s hemp industry. The new legislation restricts businesses from selling hemp products unless they...more

Fox Rothschild LLP

New Jersey Regulates Intoxicating Hemp Products

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Businesses selling intoxicating hemp products in New Jersey without a cannabis license could soon face significant fines. Governor Phil Murphy signed Senate Bill No. 3235 on Sept. 12, 2024, regulating intoxicating hemp...more

McCarter & English, LLP

New NJ Law Halts Unlicensed Hemp Beverage Sales and Opens Doors for Alcoholic Beverage Distributors

Last week, Governor Phil Murphy signed into law Senate Bill No. 3235—a bill temporarily banning the unlicensed sale of hemp products in New Jersey and proposing a new regulatory framework for future sales. The law, which is...more

Foley Hoag LLP - Cannabis and the Law

New Jersey Passes Law to Regulate/Restrict the Sale of Intoxicating Hemp Derived Products

The Governor of New Jersey signed into law Senate Bill No. 3235 (the “Intoxicating Hemp Law”), designed to regulate the production and sale of certain intoxicating hemp products. At a high level, this law would limit the...more

McCarter & English, LLP

NJ ELEC Proposes New Reporting Requirements for IEs and SuperPACs

The Election Law Enforcement Commission (ELEC) proposed new rules this week (56 N.J.R. 1684(a) and 56 N.J.R. 1699(a)), finally implementing the legislature’s creation of reporting requirements for independent expenditure (IE)...more

Flaster Greenberg PC

What You Need to Know About the Consumer Protection Enhancement Act

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In early July 2024, Governor Murphy signed Bill S3192/A4454, also known as the “Real Estate Consumer Protection Enhancement Act” (the “Act”), into law. The Act incorporates certain additional protections for consumers...more

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