In New Jersey, businesses across a wide variety of industries use lobbying services every year with the goal of influencing legislation, regulation, and the enforcement of government decisions. With vast connections, lobbyists have the ability to influence key decision-makers and push agenda forward on behalf of the business they’re working for. Each year, more and more money is being spent on lobbying services. See the top five industries that need lobbying in New Jersey:
Pharmaceuticals/health products
The pharmaceutical and health products industry includes drug manufacturers and sellers of medical products and nutritional and dietary supplements. The main goals of this industry are to resist government-run health care and encourage a faster approval process for drugs and medical products.
Insurance
This includes health, property, and car insurance companies as well as agents and brokers. In recent years, health insurance companies have become increasingly involved in the legislative process, hoping to influence new regulations.
Cannabis
Since Governor Phil Murphy was elected, the push for medical marijuana expansion and the legalization of recreational marijuana has become a hot topic. In fact, over the last year lobbying on the subject has increased by more than 300 percent. Over a million dollars was spent on lobbying efforts in 2018 with projections to see even more in 2019.
Business associations
This includes small businesses, pro-business and international trade associations, and chambers of commerce. Business associations are mostly concerned about labor regulations, intellectual property, product safety and taxes, and civil justice system reform.
Oil and gas
Energy companies make up a large chunk of the overall lobbying spending. They are mainly focused on promoting legislators with pro-energy ideas in fossil fuel production and commodity exploration and extraction.
Lobbying serves an important purpose in influencing decisions and allowing many voices to be heard that may otherwise be overlooked. Public Strategies Impact in Trenton, New Jersey offers lobbying services that can help your business. As government relations experts, Public Strategies Impact consistently achieves positive results for clients.