NJ Legislature Passes Lightning-Rod Tax Incentive Bill

Law360, New York (June 27, 2013, 10:33 PM EDT) -- The New Jersey Legislature on Thursday passed a controversial bill to create new corporate tax incentives in the state following amendments that have attracted more critics to the already embattled legislation, who say it will harm the environment and needlessly hand out millions in tax breaks.

The state Senate passed A3680, also known as the New Jersey Economic Opportunity Act of 2013, in a 26-10 afternoon vote following spirited debate from lawmakers on both sides of the aisle, who found fault with it but said it...
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