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New Jersey Legislation And Regulation To Watch In 2015

Law360, New York (January 2, 2015, 1:40 PM EST) -- New Jersey Gov. Chris Christie was bullish about his budget plan in early 2014, predicting the state's toughest financial decision would be how to spend a projected $300 million surplus. Instead, New Jersey had a brutal fiscal year between a nearly $1.6 billion budget shortfall and the partial collapse of Atlantic City's casino market, increasing the likelihood that when the Legislature returns in 2015, bills designed to ease the state's financial strain will take priority, experts said.

New Jersey's climate of fiscal insecurity, also stoked by multiple bond downgrades, is likely to shape the debate around legislative initiatives such as rebuilding...

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