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NJ SCR88

Concurrent Resolution

Status

Introduced

2/15/2024

Primary Sponsor

Shirley Turner

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • New Jersey Legislature urges Congress and the President to enact legislation penalizing U.S. companies that outsource jobs to foreign markets

  • Proposed penalties would prohibit outsourcing companies from receiving federal contracts, tax breaks, grants, or loans

  • Calls for establishment of an "outsourcing tax" on companies that eliminate American jobs to hire overseas workers at lower wages

  • Cites U.S. Department of Commerce data showing multinational enterprises employed 13.8 million people in foreign affiliates in 2014, an increase of 3 million since 2009

  • Resolution highlights that 6.3 million Americans are unemployed nationally, including over 225,000 in New Jersey, with manufacturing, computer technology, and call center workers particularly impacted

Legislative Description

Urges Congress and President to enact legislation that penalizes companies that outsource labor to foreign markets.

Labor

Last Action

Introduced in the Senate, Referred to Senate Labor Committee

2/15/2024

Committee Referrals

Labor2/15/2024

Full Bill Text

No bill text available