Ridgefield, NJ - The Reform Party of New Jersey’s Executive Committee announced their opposition to State Senator James Holzapfel’s legislation, which would authorize the Borough of Seaside Heights to become New Jersey's 33rd Urban Enterprise Zone. The bill, S212, currently is being debated in the Senate Economic Growth Committee that is chaired by Senator Raymond Lesniak. The Reform Party of New Jersey urges all of its supporters to contact Senators Lesniak, Joseph Vitale, Richard "Dick" Codey, Joseph Kyrillos, and Steven Oroho whom all sit on the Senate Economic Growth Committee and ask for their opposition to this proposed legislation.
Urban Enterprise Zones were originally created in 1983 in New Jersey to increase economic growth to help revitalize certain urban communities. In the past ten years, independent and academic research has shown that these zones have done little to foster economic growth for small businesses; instead, they have only made large corporations additionally prosperous. Long term goals of revitalization have also shown limited success with Urban Enterprise Zones continuing to be some of our state’s most blighted communities. The Reform Party of New Jersey’s Executive Committee believes that now is that not the time to grow the list of Urban Enterprise Zones; that now is the time to reform the entire program to help bring our state’s unemployment rate to below 7%.