Archive for Tag: Economic Development Authority

DiMaio blasts use of EDA Tax Credits

TRENTON, N.J. –  Assemblyman John DiMaio blasted tax credits doled out under the state Economic Development Authority, which have been under heavy scrutiny for corruption. “Actually lowering taxes doesn’t end up with criminal investigations because the government is picking winners and losers with backroom deals,” said DiMaio (R-Warren). “The...

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Bipartisan bill would eliminate corrupt Schools Development Authority

TRENTON, N.J. – Under fire for its nepotistic hiring practices, the Schools Development Authority would be eliminated under a new bill sponsored by Assemblyman Christopher DePhillips. The bill (A4908) would transfer the agency’s functions to the Economic Development Authority, which already provides the financing for school construction. “This latest...

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