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Depreciation Bill Vetoed by NJ Governor

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Pete Johnson served as the State & Regulatory Affairs Manager for the Brewers Association (BA) until 2024. He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.

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Vetoed by the Governor, A.B. 5218 sought to allow the owner of an alcoholic beverage manufacturer, among other business types, to use a bonus depreciation allowance of up to $150,000 for capital expenditures incurred within New Jersey to comply with the health and safety requirements of the Governor’s executive orders regarding the COVID-19 pandemic.

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Link to author biography

Pete Johnson served as the State & Regulatory Affairs Manager for the Brewers Association (BA) until 2024. He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.

See Pete Johnson's Articles