New Jersey

Christie seeks tax credit program overhaul to attract Amazon

Company seeking site for 2nd headquarters

TRENTON, N.J. - New Jersey Gov. Chris Christie is betting that changing a state tax incentive program that has awarded billions of dollars will help attract billions more in investment from Amazon.

Whether the Democrat-led Legislature will go along with his new proposals, however, is unclear.

Assembly Speaker Vincent Prieto said he supports the idea, but Senate President Steve Sweeney hasn't responded to a request for comment.

The Republican governor has asked for the help of the Democratic and Republican gubernatorial candidates looking to succeed him. He's already got the support of Republican Lt. Gov. Kim Guadagno.

Democrat Phil Murphy's campaign said Wednesday he's expected to reply by Friday.

Christie is proposing expanding the Grow NJ program including by allowing tax credits to be carried forward for 50 years.

Amazon announced earlier this month plans to spend at least $5 billion to build a second headquarters in North America, employing as many as 50,000 people.


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