TRENTON – A bill sponsored by Senate Majority Leader Steve Sweeney which would propose a constitutional amendment to the voters to prohibit the State from raiding any funds established through an assessment on employee’s wages to protect workers in need was approved by the Assembly Labor Committee today.
“The historic practice of raiding employee benefits funds to shore up budget shortfalls has left many of these funds unstable, and unable to meet the needs of New Jersey’s hard-hit workers in their time of greatest need,” said Senator Sweeney, D-Gloucester, Cumberland and Salem. “We cannot continue this brand of robbing-Peter-to-pay-Paul politics in the State. New Jersey’s taxpayers deserve better than the same old shell game of funneling funds away from safety net programs to put off the hard decisions we were elected to make.”