TRENTON, NJ—New Jersey Gov. Phil Murphy issued a conditional veto of a bill on Friday that would have extended the state's highly controversial business tax incentive programs valued at approximately $11 billion into early 2020.
The governor issued the conditional veto on S3901 that would have extended the state's Economic Opportunity Act in its entirety to Jan. 31, 2020, seven months beyond its sunset date of June 30, 2019.
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