M. Teresa Ruiz

16 Mar: Codey/Ruiz Bill Would Help Charities Stay Afloat In Tough Economic Times

TRENTON – The full Senate today approved a bill sponsored by Senate President Richard J. Codey and Senator Teresa Ruiz that would give charitable organizations more discretion to spend and invest endowment funds that have been hit hard by the lagging economy.

Currently, the governing body of a charitable endowment fund is restricted from spending the principal of the endowment. Instead, the governing body can only spend any appreciation of the principal that exceeds the “historic dollar value” of the fund at the time of contribution.

Senator Sandra Cunningham listens to testimony during the Senate Budget and Appropriations Committee hearing.

16 Mar: Cunningham-Ruiz Transit Hub Bill Approved By Senate

TRENTON – A bill sponsored by Senators Sandra Bolden Cunningham (D-Hudson) and Teresa Ruiz (D-Essex) that would expand eligibility for the Urban Transit Hub Tax Credit and make other changes to the program was approved 37-0 today by the Senate.

By expanding eligibility requirements, the bill would make Secaucus eligible for the credit. The program was created to attract investment in areas surrounding transit hubs, leading to more jobs and encouraging the use of mass transit.

09 Mar: Codey, Ruiz Bill Would Help Charities Stay Afloat In Tough Economic Times

TRENTON – The Senate Commerce Committee today approved a bill sponsored by Senate President Richard J. Codey and Senator Teresa Ruiz that would give charitable organizations more discretion to spend and invest endowment funds that have been hit hard by the lagging economy.

Currently, the governing body of a charitable endowment fund is restricted from spending the principal of the endowment. Instead, the governing body can only spend any appreciation of the principal that exceeds the “historic dollar value” of the fund at the time of contribution.

Senator M. Theresa Ruiz listens to testimony during the Senate Budget and Appropriations Committee hearing.

23 Feb: Ruiz Bill To Support Energy Efficiency Through Development Of Combined Heat And Power Grant Program Clears Senate

TRENTON – A measure sponsored by Senator Teresa Ruiz which would create a grant program to encourage the use of Cogeneration/Combined Heat and Power (CHP) received final legislative approval today by the full Senate by a vote of 31 to 6.

Under the bill, CHP is defined as the use of a combined heat engine or a power station to simultaneously generate both electricity and heat. CHP plants utilize the heat that comes from electricity generation and use it for industrial or domestic heating needs.

“As we continue through the winter, and energy costs continue to rise, the use and development of renewable energy will become increasingly necessary,” said Senator Ruiz, D-Essex and Union. “Through the funding of these grants, we would be allowing businesses to cultivate combined heat and power energy, which in turn, would create healthy competition between companies to offer renewable energy that is both efficient and affordable, and that would also keep New Jersey in the forefront of energy innovation.”

23 Feb: With No Republican Support, Bill Limiting Handgun Purchases Falls Short

TRENTON – A bill aimed at stemming gun violence in New Jersey by limiting buyers to one handgun purchase per month fell short of passage in the state Senate today when Republicans failed to offer a single vote in support.

Sponsored by Senator Sandra Bolden Cunningham (D-Hudson) and Senator Teresa Ruiz (D-Essex) the bill (A-339/S-1774) fell just one vote short of passage. Senator Cunningham asked that the bill be held over with the vote total standing at 20-18, with two not voting. A bill requires 21 votes for passage in the Senate.

State Senator Sandra B. Cunningham, D-Hudson, speaks with a staffer before the beginning of the Budget Committee meeting on Governor Corzine's toll road plan.

15 Dec: Cunningham/Ruiz Bill To Make Nj Stars More Economically Sustainable Clears Senate

TRENTON – A measure sponsored by Senators Sandra Bolden Cunningham and Teresa Ruiz, which would make changes to the New Jersey Student Tuition Assistance Reward Scholarship (NJ STARS) and the New Jersey Student Tuition Assistance Reward Scholarship II (NJ STARS II) programs, to keep them more economically sustainable for the State of New Jersey, received final legislative approval today by the full Senate, by a vote of 33 to 4.

“This bill is a product of a task force charged with the responsibility of studying the NJ STARS programs, and making recommendations of ways to ensure the programs’ longevity,” said Senator Cunningham, D-Hudson, who was a member of the NJ STARS Task Force. “This bill is definitely not the perfect solution to the problems of funding these scholarships. But it is the first step in the right direction toward amending the NJ STARS programs, and ensuring that they can benefit the best and brightest students from all areas in New Jersey.”

“My main concern for this legislation – and for the STARS programs in general – is that there must be a committed effort to ensure that all of the State’s school districts have equal access to these programs,” said Senator Ruiz, D-Essex and Union, who was a member of the NJ STARS Task Force. “The enactment of this bill would serve as the first of many necessary changes that would transform this well-intended legislation from a good law that helps students, to a real chance at higher education for high-achieving students from all walks of life here in New Jersey.”

Senator Teresa Ruiz, D-Essex and Union, listens to testimony at the Senate Budget Committee meeting on Governor Corzine's toll road plan.

15 Dec: Cunningham – Ruiz Bill Looks To Expandsurban Transit Hub Tax Credit

TRENTON – Legislation sponsored by Senators Sandra Bolden Cunningham and Teresa Ruiz to expand eligibility for the Urban Transit Hub Tax Credit Act and provide more incentives for businesses to open near public transportation centers, was approved by the full Senate today.

“The Urban Transit Hub Tax Credit program is an economic incentive designed to encourage smart growth principles and focus on rail and pedestrian modes of transportation rather than automobile travel,” said Senator Cunningham, D-Hudson. “The program also serves as a means of job creation and infrastructure development in the State. Under the bill, in order to be considered a transit hub, a property would need to be within a close proximity to a transit station.”

Senator M. Theresa Ruiz listens to testimony during the Senate Budget and Appropriations Committee hearing.

12 Dec: Ruiz-Vitale Measure To Help Hard-Hit New Jerseyans During Economic Crisis Signed Into Law

TRENTON – A bill sponsored by Senators Teresa Ruiz and Joseph F. Vitale which would provide financial assistance to individuals and families as part of the “New Jersey Economic Assistance and Recovery Plan” was signed into law today by Governor Corzine.

“As New Jersey State Government comes to terms with the reality of a national economic recession, we have a responsibility to protect the most vulnerable State residents from falling through the cracks,” said Senator Ruiz, D-Essex and Union, and a member of the Senate Budget and Appropriations Committee. “This bill represents the heart and soul of what government must be about – offering a helping hand to those in crisis, and giving people the resources and support they need to weather the current economic storm. Through this legislation, we will expand safety net programs for people at the lowest end of the economic spectrum, for whom access to food pantries and heating assistance means the difference between life and death.”

Senator Teresa Ruiz, D-Essex and Union, listens to testimony at the Senate Budget Committee meeting on Governor Corzine's toll road plan.

11 Dec: Ruiz/Gordon Bill Would Support Energy Efficiency Through Development Of Combined Heat And Power Grant Program

TRENTON – A measure sponsored by Senators Teresa Ruiz and Robert M. Gordon which would create a grant program to encourage the use of Cogeneration/Combined Heat and Power (CHP) was unanimously approved today by the Senate Budget and Appropriations Committee.

Under the bill, CHP is defined as the use of a combined heat engine or a power station to simultaneously generate both electricity and heat. CHP plants utilize the heat that comes from electricity generation and use it for industrial or domestic heating needs.

“As energy costs continue to increase, it is imperative that we find new, more affordable energy sources,” said Senator Ruiz, D-Essex and Union. “The grants would be funded through this legislation, and would allow businesses to develop combined heat and power energy, which would help to cut down on costs and spur healthy competition within the State’s energy market.”

“The goal of this legislation is to encourage businesses to generate their own energy, thereby reducing the State’s overall energy demands,” said Senator Gordon, D-Bergen. “In addition to compelling companies to try new energy sources, this legislation would help to develop New Jersey’s Cogeneration market, and help keep our State at the forefront of energy innovation.”

State Senator Sandra B. Cunningham, D-Hudson, speaks with a staffer before the beginning of the Budget Committee meeting on Governor Corzine's toll road plan.

08 Dec: Cunningham/Ruiz Bill Would Make Nj Stars Programs More Economically Sustainable For State

TRENTON – A measure sponsored by Senators Sandra Bolden Cunningham and Teresa Ruiz, which would make changes to the New Jersey Student Tuition Assistance Reward Scholarship (NJ STARS) and the New Jersey Student Tuition Assistance Reward Scholarship II (NJ STARS II), to keep these programs economically sustainable for the State of New Jersey, was approved today by the Senate Education Committee.

“Considering the dire fiscal straits the State is in, these programs must be changed to ensure that they can continue to provide access to higher education for the State’s best and brightest students,” said Senator Cunningham, D-Hudson, who is a member of the NJ STARS Task Force. “I’ve listened to the testimony of students who have benefitted greatly from the NJ STARS programs, even in the short time since they were created. This is a tough, but necessary decision that we’ve had to make, and these revisions to the current law would allow the State to continue to provide these scholarship programs to hard-working New Jersey students.”