Thousands of applicants for grants and loans won't be helped because not enough funds are available. Private, philanthropic and federal funds might help.
Gov. Phil Murphy announces he will appoint four new members to the Economic Development Authority board. A tax incentives resolutions appears farther off.
Another front in the battle over New Jersey’s business tax breaks: The main portion of the tax credits for 2018 still haven’t yet been paid out by the state.
In testimony before the Legislature, the state comptroller offered a significantly different take than Gov. Phil Murphy on the study of tax incentive programs.
The comptroller report says fees weren't tracked, reported job growth can't be substantiated and $179 million in tax incentives were improperly awarded.