TRENTON – A bill sponsored by Senator Paul A. Sarlo which would offer tax credit incentives to digital media production companies to relocate to New Jersey was approved by the Senate today by a vote of 21-16, conforming to the Governor’s conditional veto of the bill.
“With this bill, New Jersey would be setting the groundwork to capitalize on one of the fastest growing industries in the world right now,” said Senator Sarlo, D-Bergen, Essex and Passaic. “Digital media production is emerging as a leader in high-tech economics, touching on nearly every area of entertainment and creating so many well-paying jobs where the companies have set up shop. This bill would give the Garden State the incentives needed to be a part of this fast-growing business trend.”