New Jersey’s business incentives get some pushback
New Jersey's new incentives for recruiting and retaining businesses are getting some pushback from a key lawmaker.
State Sen. Raymond Lesniak this week introduced a bill to tighten up requirements for some companies and to force the administration to give lawmakers more details about the programs.
Lesniak, a Democrat from Elizabeth, was one of the 39 lawmakers who signed on as a sponsor of the Economic Opportunity Act in 2013. The measure passed overwhelmingly in the Democrat-controlled Legislature and was signed by Republican Gov. Chris Christie.
His proposal comes days after a liberal advocacy group issued a report warning that the state might not benefit as much as projected by giving tax credits to firms, especially those willing to move to Camden.
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