NJ Development Agency Head Defends Tax Bill To Lawmakers

Law360, New York (April 10, 2013, 8:54 PM EDT) -- The CEO of the New Jersey agency responsible for expanding the state’s economic base testified before a state Senate committee on Wednesday, defending a controversial bill to create new corporate tax incentive programs as beneficial to the state’s economy despite critics who call the programs costly and ineffective.

Michele Brown, CEO of the New Jersey Economic Development Authority, told the state Senate’s Budget and Appropriations Committee in a hearing on Wednesday that the proposed New Jersey Economic Opportunity Act of 2013, which would award millions in...
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