Bill
S 4069
Requires cost-benefit analyses for long term tax exemption, and requires DCA to create database of exemptions; requires five-year tax exemption and abatement agreements to be filed with certain county officials.
2024-2025 Regular Session
Introduced by Raj Mukherji and 3 co-sponsors
New Jersey law would require cost-benefit analyses and public disclosure database for tax exemptions, increasing accountability over foregone public revenue worth billions annually.
Referred to Senate Budget and Appropriations Committee