TRENTON – Legislation sponsored by Senator Jeff Van Drew to exempt from corporate business taxes out-of-state bus companies that bring tourists to destinations within New Jersey – such as Atlantic City casinos – was approved unanimously today by the full Senate.
The bill (S-1094) is intended to exempt bus companies that carry passengers, such as senior citizens, from Philadelphia, New York City and Virginia to Atlantic City for a day trip.
“The out-of-state buses that travel to Atlantic City represent a vital part of our local economy, bringing thousands of tourists to the resort each year,” said Senator Van Drew (D-Cape May/Atlantic/Cumberland). “We need to do our part to make sure the buses continue to run, and that companies aren’t hampered by New Jersey’s tax structure. As we look to recover from Sandy and continue our work to revitalize the resort area, this bill will encourage more business, travel and tourism to Atlantic City.”