New Jersey advocates, community organizations and workers collectively demanded today that the Legislature pass meaningful reforms to the state’s economic incentives program following the release of a new report that found that New Jersey saw little return on its investments under the failed Economic Opportunity Act of 2013, which expired in June.
A broad-based coalition including New Jersey Working Families, New Jersey Citizen Action, New Jersey Policy Perspective, New Jersey Work Environment Council, Workers United and 32BJ SEIU called on Trenton to adopt a series of six evidence-based reforms to its tax incentive program to ensure that future corporate subsidies benefit underserved communities and working families.
“Not a dime of tax incentives should be given to any business that cannot, at the very least, guarantee the bodily safety of its employees,” said Brandon Castro of the New Jersey Work Environment Council. “Companies receiving incentives must provide affordable healthcare and assure safe and healthy working conditions. The EDA should also require onsite consultation with the NJ Department of Labor and Workforce Development for any company in their first year of receiving awards.”