Statement from Task Force on EDA’s Tax Incentives

“As we’ve contended for some time, we welcome the opportunity to defend the Governor’s powers to establish this Task Force to bring full transparency to the management of the EDA and award decisions that resulted in billions of dollars in tax incentives to companies across the state.  We are fully confident that we are acting within the bounds of the constitution and the laws of the State of New Jersey. As everyone is now well aware, we have invited all of these companies to provide fact witnesses at the next hearing. Rather than responding to that offer they have filed an unfounded lawsuit against the task force instead. The public can judge this tactic for what it is.” —  Task Force on EDA’s Tax Incentives