SNJDC COVID-19
MEMBER UPDATE

October 15, 2020
UPDATE: Phase 3 of the NJEDA Small Business Emergency Assistance Grant
Interested business owners will need to pre-register to receive an application. Pre-registration will begin on Monday, October 19th and will close on Tuesday, October 27th. The application will be available via a phased approach following the end of the pre-registration period, as detailed below. Applicants must complete the full application to be considered for grant funding.

Online applications will become available on a rolling basis following the pre-registration period. Pre-registered applicants will need to return to complete an application based on the following schedule:

  • Restaurants – 9:00 a.m. on Thursday, October 29, 2020
  • Micro businesses – 9:00 a.m. on Friday, October 30, 2020
  • All other businesses, excluding restaurants and micro businesses – 9:00 am on Monday, November 2, 2020

Applications for each category will be open for a period of one week will be accepted on a first-come, first-served basis.

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Governor Murphy Announces Launch of New State-Based Health Insurance Marketplace, Get Covered New Jersey
Governor Murphy announced the launch of the state’s official health insurance marketplace to help uninsured New Jerseyans shop for health insurance for 2021.

New Jersey residents will no longer use HealthCare.gov to enroll in Marketplace health insurance plans. Instead, Marketplace plans and financial help will only be available through Get Covered New Jersey at getcovered.nj.gov.  

Residents shopping for health insurance will have access to the new state subsidy passed by the Legislature and recently signed into law by Governor Murphy — called New Jersey Health Plan Savings – on top of premium tax credits and cost-sharing reductions available to lower the cost of their health insurance.

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Governor Murphy extending CBT filing deadline to
November 16th
Governor Murphy today signed an executive order extending the state’s due date for filing the 2019 Corporation Business Tax return to November 16th. The returns had been due today.

Executive Order 189 also states that the Division of Taxation should not impose any penalties for failure to file a CBT report for the applicable tax year after Thursday — as long as it is filed by November 16th.

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Southern NJ Development Council | (856) 228-7500 | snjdc.org