Sweeney plans legislation to clean up polluted N.J. properties

    Under legislation proposed by Senate President Stephen Sweeney, New Jersey companies that need to clean up their properties will have to use tax refunds to do so.

    NJ.com explains Sweeney’s plan, which would dictate that money awarded to industrial properties through a tax refund or tax appeal would go to the state to pay for remediation.
    Separate legislation would force companies with serious pollution to put money in escrow with the state.

    Sounds like the Garden State is living up to its name.

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