A 109 New Jersey General Assembly · 2024-2025 Regular Session

Establishes "Business Tax and Incentive Task Force."

This bill creates a nine-member "Business Tax and Incentive Task Force" to study New Jersey's tax policies compared to other states. The task force will evaluate how state tax incentives and rates affect business growth, job creation, and investment, comparing New Jersey's approach to other states' systems. It must issue a final report with recommendations within 180 days of forming, focusing on whether tax incentives effectively boost economic growth versus other strategies like tax rate reductions. The task force includes appointments from the Governor, legislature, and business groups like the New Jersey Chamber of Commerce.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee
lower
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Don Guardian
Don Guardian
RRepublican
NJ
2