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Gov. Murphy signs another tax incentive expansion into law • New Jersey Monitor

Summary by New Jersey Monitor
The new law extends favorable tax incentive terms to Camden, East Orange, and New Brunswick and introduces a clawback provision for low occupancy. (Dana DiFilippo | New Jersey Monitor) With little fanfare, Gov. Phil Murphy on Thursday signed legislation that expands more generous tax incentive terms to three additional cities, limits the state’s ability to take back excess tax credits, and requires commercial developers facing low occupancy to c…
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