The state’s two largest business tax incentive programs expired at the end of last month without a replacement. The Legislature passed a bill to extend the current program. Gov. Phil Murphy has vowed to veto it, but he’s yet to take action either way. Murphy has his own reform plans.
In part two of his interview with Senate President Steve Sweeney, NJTV News Chief Political Correspondent Michael Aron discusses where negotiations stand on tax incentives, Sweeney’s relationship with the governor, and his plans to enact another round of public worker pension and health benefit reforms.