Archive for Tag: stop subsidies to defaulting companies

Webber bill to stop subsidies to defaulting companies passes committee

TRENTON, N.J. – A bill sponsored by Assemblyman Jay Webber that would prevent companies in default from receiving additional state subsidies cleared the Assembly Commerce and Economic Development Committee today. The bill (S1576/A299) would bar awarding additional subsidies to a company that has failed to make repayments for 24...

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