New Jersey Chamber of Commerce issued the following announcement on June 13.
Incentives are imperative to our state’s economy and in making New Jersey competitive. We appreciate the Legislature’s willingness to extend the current programs (A-5343) until we can find a more viable option for a longer-term solution.
Recognizing that the current programs took approximately 18 months to effectuate, we cannot create a new, more effective, functioning program within the next two weeks. Nor can we allow for the current ones to expire.
A state that lets its economic growth incentives lapse signals that it is “out of business.”
Original source can be found here.