NJEDA Tax Incentive Task Force to Hold Third Public Hearing

NJEDA Tax Incentive Task Force Counsel Jim Walden

The Task Force charged by Governor Phil Murphy with investigating the NJ Economic Development Authority (NJEDA) will hold the third day of its public hearing on Tuesday, July 9 at 10:00 a.m. At the hearing, members of the public are invited to provide testimony with their comments and perspectives on New Jersey’s tax incentive programs and how these programs affect their communities. NJEDA tax incentive programs have awarded billions of dollars in tax incentives, which were approved under the 2013 Economic Opportunity Act which are set to expire on June 30.

Spurred by a report from the State Comptroller that disclosed a lack of monitoring and oversight over past awards, as well as unsubstantiated jobs, the Task Force continues to review every award with paid benefits under two tax-incentive programs and will issue additional findings as the work proceeds.

What: An open public hearing where the Task Force on EDAs Tax Incentives will hear public comment.  Public comments will be limited to five minutes in lenghth. Anyone wishing to submit written comments may do so before or at the hearing, by submitting to: NJEDATaskForcePublicHearings@wmhlaw.com

Who: Task Force Chair Professor Ronald K. Chen, former New Jersey Public Advocate, who is receiving legal counsel from Special Counsel Jim Walden, Georgia Winston and Milton Williams of Walden Macht & Haran LLP, a leading law firm in government investigations, and Special Counsel Pablo Quinones of Quiñones Law PLLC, a boutique law firm with expertise in corporate compliance and integrity monitoring. The public is invited to comment.

When: 10:00 a.m., Tuesday, July 9, 2019

Where: Trenton War Memorial, George Washington Ballroom. 1 Memorial Dr, Trenton, NJ 08608

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