Topics:
March 3, 2021 Last Edit: June 5, 2025
Governor Murphy’s SFY 2022 Budget Delivered
The Governor delivered his budget message and the good news is that there are no new taxes or fees. The 44.3 billion dollar proposed budget is 10 billion dollars more than the SFY 2017 budget. The proposal includes a 6.4 billion dollar pension payment, which marks the first time the State has made a full pension contribution since SFY1996. Also the Governor included 200 million earmarked for small business relief initiatives. While NFIB is delighted that there are no new taxes, we will be working with the legislature to provide more funding in the final budget to support Main Street.
State:
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles
April 14, 2026
Vote Yes on Constitutional Amendment 4
It’s time to reduce or eliminate Louisiana’s onerous inventory tax.
Read More
April 14, 2026
What They Are Saying: Small Business Owners Share How They’re Using 20% Small Business Deduction Savings
WASHINGTON, D.C. (April 14, 2026) – In a new video, NFIB member and Texas small business owner, Marcie Rodriguez, describes how making the 20% Small Business D…
Read More
April 13, 2026
Minnesota Legislature Debates New Taxes
NFIB will continue to encourage the Minnesota Legislature to improve tax competitiveness and bolster economic growth
Read More
April 13, 2026
Referendum Seeks to Restore Two Big Federal Tax Deductions
Petitioners seeking to collect 100,000 signatures by mid-May
Read More