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The Star-Ledger: Bill to let state buy foreclosed homes passes Assembly panel

By Tom De Poto, The Star-Ledger

A state Assembly committee yesterday passed a bill that would let a state agency buy foreclosed properties and convert them into affordable housing.

The bill (A-470) would create the New Jersey Foreclosure Relief Corporation under the New Jersey Housing and Mortgage Finance Agency. The corporation would buy foreclosed residential properties and turn them into affordable housing.

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LEGISLATIVE ROUNDUP: Governor’s veto prompts angry reaction from Democrats

Gov. Chris Christie Wednesday vetoed a law that would have reduced magazine capacity of firearms to 10 rounds, a decision that drew a rebuke from Democratic legislators.

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NJ Senate President Steve Sweeney: Protecting McGuire-Dix-Lakehurst base imperative

WRIGHTSTOWN — With more than 44,000 jobs and $6.5 billion in economic impact, being proactive in protecting Joint Base McGuire-Dix-Lakehurst is not simply important, it’s imperative, state Senate President Stephen Sweeney said yesterday on a visit to the base.

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Joint base defense funding part of NJ budget

WRIGHTSOWN — For the first time, New Jersey is setting aside taxpayer money for the defense of Joint Base McGuire-Dix-Lakehurst.

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Christie vetoes reduced ammunition clip limit bill

TRENTON — Gov. Chris Christie blocked a controversial bill that sought to reduce New Jersey’s legal ammunition clip size from a maximum 15 rounds to 10 rounds Wednesday, arguing that the proposed limit would not reduce gun violence and that residents would be better protected by reforming how the state deals with mental illness.

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LEGISLATIVE ROUNDUP: Bill to allow sports betting at casinos OK’d

Legislation that paves the way for sports betting at casinos and racetracks received final approval by the Assembly and Senate Thursday.

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Dietz & Watson moving out of Delanco

DELANCO — After months of waiting and public speculation, Dietz & Watson has announced it will not rebuild the Coopertown Road distribution center it lost to a massive fire last September and will instead move to the Tacony section of Philadelphia.

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Men's health fair in Mt. Laurel set for Friday

MOUNT LAUREL — A men’s health fair will be held at the Title Resource Group on Leadenhall Road from 2 to 5 p.m. Friday.

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Tight-lipped Dietz & Watson frustrating local officials

DELANCO — As the rubble piles up where the former Dietz & Watson distribution center stood, local officials are feeling the rub.

They are frustrated that Dietz & Watson has not decided where it will rebuild its refrigerated distribution center, despite New Jersey offering more than $30 million in incentives for the center to be rebuilt at the Coopertown Road site, where its former 260,000-square-foot building stood before it was destroyed in a lingering fire in September.

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Singleton: Lawmakers face tough choices with budget crisis

WILLINGBORO — Assemblyman Troy Singleton says Democrats in the New Jersey Legislature are reviewing a “menu of bad choices” to try to balance the state budget while also making promised payments to the state pension system.

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