New Jersey Gov. Phil MurphyNew Jersey Gov. Phil Murphy

TRENTON, NJ—New Jersey Gov. Phil Murphy issued a conditionalveto of a bill on Friday that would have extended the state'shighly controversial business tax incentive programs valued atapproximately $11 billion into early 2020.

The governor issued the conditional veto on S3901 that wouldhave extended the state's Economic Opportunity Act in its entiretyto Jan. 31, 2020, seven months beyond its sunset date of June 30,2019.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.