The New Jersey Economic Development Authority is seeking public feedback on how it’s working to implement the $14 billion Economic Recovery Act’s package of tax incentives, financing and grant programs. To do this, NJEDA has launched a new online portal that outlines the wide range of programs available under the law and gives the public the opportunity to submit comments on ERA-related topics, as well as the regulations drafted to implement the programs. Gov. Phil Murphy […]
NJ Economic Development Authority
Deal Reached on $11.5 Billion Tax Incentive Program to Spur Economy
The Murphy administration and legislative leaders have reached an agreement on a six-year, $11.5 billion business tax incentive program that breaks a prolonged stalemate that left New Jersey without a comprehensive economic development program for 18 months. State Economic Development Authority CEO Tim Sullivan has tweeted some details, describing it as a “strong recovery and reform package that will position New Jersey well to recover […]
Law Designates EDA Building as Caren Franzini Memorial Building
Gov. Chris Christie signed legislation designating the New Jersey Economic Development Building at 36 West State St. in Trenton as the Caren Franzini Memorial Building. The legislation, A-4713, (Burzichelli, Prieto), pays tribute to the NJ EDA’s longtime leader, who later served on NJBIA’s Board of Trustees until her death on Jan. 25, 2017. The law […]