TRENTON – Legislation sponsored by Senator Jim Whelan which would help boost New Jersey’s tourism industry by making it easier for people to obtain a license to sell timeshares was approved today by the full Senate, receiving final legislative approval.
“Ensuring the viability of the Jersey Shore – a $3.3 billion industry that sustains thousands of jobs in local communities – must be a top priority to help the state recover from the economic downturn, particularly after Hurricane Sandy’s devastating effects damaged our state’s tourism industry,” said Senator Whelan, D-Atlantic. “The timeshare industry is a great way to stimulate the Jersey Shore’s local economy, not only by encouraging tourism to the region, but also by creating new jobs for New Jerseyans. Helping residents to acquire timeshare licenses in a timely and cost-effective way can give a boost to a growing industry.”