Camden rising? As deficit grows, new businesses won’t pay full property taxes for 20 years

The task force’s final report lays out a culture of “getting to yes” instead of ensuring companies delivered on promises to the state and communities.

New Jersey is clamping down on tax break recipients, making sure companies are creating the promised number of jobs before it sends out their yearly credits.

The N.J. Economic Development Authority has the power to reduce, suspend, or terminate tax breaks if companies misled regulators on their applications.