COMMERCE, ECONOMIC GROWTH AND TOURISM COMMISSION

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ANALYSIS OF THE NEW JERSEY BUDGET COMMERCE, ECONOMIC GROWTH AND TOURISM COMMISSION AND RELATED ECONOMIC DEVELOPMENT PROGRAMS FISCAL YEAR 2007-2008 PREPARED BY OFFICE OF LEGISLATIVE SERVICES NEW JERSEY LEGISLATURE APRIL 2007

NEW JERSEY STATE LEGISLATURE SENATE BUDGET AND APPROPRIATIONS COMMITTEE Bernard F. Kenny, Jr. (D), 33rd District (Part of Hudson), Chairman Sharpe James (D), 29th District (Parts of Essex and Union), Vice-Chairman Nicholas Asselta (R), 1st District (Cape May and parts of Atlantic and Cumberland) Martha W. Bark (R), 8th District (Part of Burlington) Anthony R. Bucco (R), 25th District (Part of Morris) Barbara Buono (D), 18th District (Part of Middlesex) Joseph Coniglio (D), 38th District (Part of Bergen) Joseph V. Doria, Jr. (D), 31st District (Part of Hudson) Walter J. Kavanaugh (R), 16th District (Parts of Morris and Somerset) Leonard Lance (R), 23rd District (Warren and part of Hunterdon) Robert E. Littell (R), 24th District (Sussex and parts of Hunterdon and Morris) Paul A. Sarlo (D), 36th District (Parts of Bergen, Essex and Passaic) Stephen M. Sweeney (D), 3rd District (Salem and parts of Cumberland and Gloucester) Shirley K. Turner (D), 15th District (Part of Mercer) Joseph F. Vitale (D), 19th District (Part of Middlesex) GENERAL ASSEMBLY BUDGET COMMITTEE Louis D. Greenwald (D), 6th District (Part of Camden), Chairman William D. Payne (D), 29th District (Parts of Essex and Union), Vice-Chairman Francis J. Blee (R), 2nd District (Part of Atlantic) John J. Burzichelli (D), 3rd District (Parts of Salem, Cumberland and Gloucester) Joseph Cryan (D), 20th District (Part of Union) Joseph R. Malone III (R), 30th District (Parts of Burlington, Mercer, Monmouth and Ocean) Alison Littell McHose (R), 24th District (Sussex and parts of Hunterdon and Morris) Kevin J. O'Toole (R), 40th District (Parts of Bergen, Essex and Passaic) Joan M. Quigley (D), 32nd District (Parts of Bergen and Hudson) Gary S. Schaer (D), 36th District (Parts of Bergen, Essex and Passaic) Alfred E. Steele (D), 35th District (Parts of Mercer and Middlesex) Joseph Vas (D), 19th District (Part of Middlesex) OFFICE OF LEGISLATIVE SERVICES David J. Rosen, Legislative Budget and Finance Officer Frank W. Haines III, Assistant Legislative Budget and Finance Officer Glenn E. Moore, III, Director, Central Staff Thomas Musick, Section Chief, Commerce, Labor and Industry Section This report was prepared by the Commerce, Labor and Industry Section of the Office of Legislative Services under the direction of the Legislative Budget and Finance Officer. The primary author was Sonya S. Davis. Questions or comments may be directed to the OLS Commerce, Labor and Industry Section (609-984-0445) or the Legislative Budget and Finance Office (609-292-8030).

OFFICE OF LEGISLATIVE SERVICES The Office of Legislative Services provides nonpartisan assistance to the State Legislature in the areas of legal, fiscal, research, bill drafting, committee staffing and administrative services. It operates under the jurisdiction of the Legislative Services Commission, a bipartisan body consisting of eight members of each House. The Executive Director supervises and directs the Office of Legislative Services. The Legislative Budget and Finance Officer is the chief fiscal officer for the Legislature. The Legislative Budget and Finance Officer collects and presents fiscal information for the Legislature; serves as Secretary to the Joint Budget Oversight Committee; attends upon the Appropriations Committees during review of the Governor's Budget recommendations; reports on such matters as the committees or Legislature may direct; administers the fiscal note process and has statutory responsibilities for the review of appropriations transfers and other State fiscal transactions. The Office of Legislative Services Central Staff provides a variety of legal, fiscal, research and administrative services to individual legislators, legislative officers, legislative committees and commissions, and partisan staff. The central staff is organized under the Central Staff Management Unit into ten subject area sections. Each section, under a section chief, includes legal, fiscal, and research staff for the standing reference committees of the Legislature and, upon request, to special commissions created by the Legislature. The central staff assists the Legislative Budget and Finance Officer in providing services to the Appropriations Committees during the budget review process. Individuals wishing information and committee schedules on the FY 2008 budget are encouraged to contact: Legislative Budget and Finance Office State House Annex Room 140 PO Box 068 Trenton, NJ 08625 (609) 292-8030 Fax (609) 777-2442