Committee Will Review Impact of Proposed Program Cancelation on Urban Businesses, Communities
(TRENTON) — The Assembly Commerce and Economic Development Committee is scheduled Thursday to hear testimony concerning the Christie administration’s proposal to eliminate New Jersey’s Urban Enterprise Zone (UEZ) program and the impact such an elimination would have on urban businesses and communities.
“To simply pull the plug on a program that supports more than 130,000 jobs in our cities would be the height of irresponsibility in this economic climate,” said Assemblyman Albert Coutinho (D-Essex) the panel’s chairman. “In many instances, the UEZ program has been integral to some of our state’s most successful and ongoing urban revivals. Before we do anything, we need to know exactly how big of an impact ending the UEZ program would have on the continued well being of our urban communities.”
The Assembly Commerce and Economic Development Committee hearing is scheduled to be held Thursday, May 19 at Noon in Committee Room 11, Fourth Floor, State House Annex, Trenton.
You can listen live to the hearing here.