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Legislation intended to promote domestic firms that actually would cause more harm than good for U.S. businesses did not advance before the New Jersey legislature recessed for the summer. Momentum on the bills – Senate Bill 1811 (Sweeney-D) and Assembly Bill 3059 (Egan-D) – waned as legislators learned that the proposals could unintentionally isolate New Jersey from U.S.-based businesses that are [...]
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A bill meant to promote domestic firms being considered by the New Jersey legislature could cause more harm than good for U.S. businesses. Senate Bill 1811, a so-called “Buy American” bill, would require state agencies, local jurisdictions, boards of education, and institutions of higher learning to only fulfill contracts with products manufactured in the United States. However, requiring the state [...]