Legislators Propose to End Tax Credit Incentive Program for AI Data Centers And Save the State Hundreds of Millions

New Jersey legislators Assemblyman Andrew Macurdy, Assemblyman Balvir Singh, and State Senator Joe Cryan have announced a plan to end a tax credit incentive program for artificial intelligence data centers. This proposed action aims to save the state hundreds of millions of dollars. The initiative focuses on halting financial incentives previously earmarked for AI data center developments.