In light of recent reports, Senator Kip Bateman (R-16) issued the following statement clarifying his position on the EDA and New Jersey’s tax incentive programs:
Sen. Kip Bateman clarifies his position on the EDA, noting that any incentive program should be administered “fairly with appropriate oversight.” (SenateNJ.com)
“I wanted to take this opportunity to clarify my remarks last week regarding New Jersey’s tax incentive program, which I feel were taken out of context. I was on vacation with my family and traveling out of state, and I was not aware that Senate and Assembly Republican leadership issued a joint statement on these programs. To be clear, I wholeheartedly agree with the sentiments expressed by Leaders Kean and Bramnick,” Bateman said.
“There is no question that the GrowNJ program has been instrumental in Camden’s revitalization over the past decade. The fact is that every state program can be improved and this one is no different. Our focus as a legislative body should be to ensure that any incentive program is administered fairly and with appropriate oversight.
“I look forward to working with my colleagues on both sides of the aisle to ensure that New Jersey remains competitive in this region by attracting new businesses and capital that these critical programs provide.”
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