NJ Bill Would Give Tax Breaks For Hiring Jobless

Law360, New York (February 27, 2014, 3:39 PM EST) -- A bill that would give tax breaks to businesses that hire unemployed workers was pushed on Thursday by Senate President Steve Sweeney, who said Gov. Chris Christie’s administration had yet to put forth a plan on how to reduce the state’s unemployment and spur economic growth.

The New Jobs for New Jersey Act, which was passed by both houses and vetoed by the governor last year, is a tax credit program that would provide incentives to small private sector employers that hire jobless workers. 

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