New Jersey Tax Incentive Task Force to Hold Third Day of Public Hearing

Tuesday, June 11 at 10:00 am in Trenton, N.J.

TRENTON — The Task Force charged by Governor Phil Murphy with investigating billions of dollars in economic incentives approved by the NJ Economic Development Authority will hold the third day of its public hearing on Tuesday, June 11 at 10:00 a.m. At the hearing, the Task Force will announce initial factual findings and recommendations from its first public report, also to be issued that day.  The recommendations to the Governor concern improvements to any future tax-incentive legislation and enhancements to EDA’s oversight of tax-incentive programs.  At this 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.

Spurred by a report from the State Comptroller that disclosed a lack of monitoring and oversight over past awards, as well as thousands of 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 EDA’s Tax Incentives will issue its findings and recommendations to date as part of its first public report.

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, June 11, 2019

Where: Trenton, N.J. — Location to be announced