Rutgers hired to monitor jobs created with NJ tax incentives
Rutgers University is getting the job of analyzing how the tax incentives being used to attract and keep businesses in New Jersey are working.
State Sen. Ray Lesniak announced the contract Wednesday, saying it’s expected to be finalized on Friday by the New Jersey Economic Development Authority.
Under it, the Bloustein School of Planning and Public Policy would study the impact of tax incentive programs that the state is increasingly using to attract and retain businesses.
The school is to produce reports over the next three years addressing whether the business incentives are creating jobs, along with other topics.
Lesniak, a Democrat, has been calling for the state to provide more detailed information about the effects of the incentives.
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