A 687 New Jersey General Assembly · 2024-2025 Regular Session

Establishes Office of Economic Development Inspector General in EDA.

This bill (A687) establishes an independent Office of Economic Development Inspector General within New Jersey's Economic Development Authority (EDA). The Inspector General, appointed by the Governor, investigates fraud, waste, or abuse in EDA's economic development incentive programs - including tax credits, grants, and loans - directly affecting EDA staff, board members, and program recipients. Key mechanisms include examining EDA documents, interviewing employees, recommending disciplinary actions, and publicly reporting investigation findings after redacting confidential details. The Inspector General must annually report to the Governor, Legislature, and Attorney General on office activities and program management recommendations.
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
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1 primary · 1 co-sponsor

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