Incentives are imperative to our state’s economy and in making New Jersey competitive. We appreciate the Legislature’s willingness to extend the current programs (A-5343) until we can find a more viable option for a longer-term solution.

Recognizing that the current programs took approximately 18 months to effectuate, we cannot create a new, more effective, functioning program within the next two weeks. Nor can we allow for the current ones to expire.

A state that lets its economic growth incentives lapse signals that it is “out of business.”