Proposed Tax Breaks Could Help Some Camden Projects

Two New Jersey legislative committees are considering a bill that would offer tax breaks to some projects in the pipeline in the state's poorest city.

Mon August 25, 2014 - Northeast Edition
Construction Equipment Guide


TRENTON, N.J. (AP) Two New Jersey legislative committees are considering a bill that would offer tax breaks to some projects in the pipeline in the state’s poorest city.

Under proposed revisions to last year’s Economic Opportunity Act, the state would offer tax credits to owners of supermarkets in Camden as well as Atlantic City.

The annual break would be $500 to $5,000 per full-time worker, depending on the location of the store.

The new renaissance schools coming to Camden would also qualify for tax breaks under the bill.

The first of the new kind of school is under construction now. It is being funded partly by the foundation of the family of Democratic powerbroker George Norcross.




Today's top stories

Filling the Labor Pool — Post-Pandemic, Construction Industry Wants Workers to Jump in

Reed & Reed Leads Twin Bridges in Vermont to Mid-Summer Completion

Granite Construction, Mahaffey Drilling Fix Railroad Issue in Encintas

Texas Women in Construction — Sherry McGee: HOLT CAT

OSHA COVID Safety Rules Give Workplace Flexibility to Transportation Construction Firms

Spanning the Potomac: Three-Quarter-Billion-Dollar Bridge Replacement Under Way

Reconstruction Begins On Century-Old Border Crossing Span Over St. John River

Doosan, Trimble Announce Factory-Installed Machine Control Solution for Crawler Excavators








ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo