Tab for legal work in tax credit probe set at $395 an hour
TRENTON, N.J. (AP) — New Jersey will pay a law firm assisting Gov. Phil Murphy’s task force investigating tax incentives $395 an hour.
That’s according to a copy of the agreement between the state and Walden Macht & Haran that the Associated Press received.
The rate is slightly higher than the $350 per hour New Jersey is paying to Lowenstein Sandler for unrelated legal work involving sexual assault allegations within the administration.
Murphy established the task force in January to investigate the state’s expiring business tax credit programs.
Murphy, a Democrat, has been critical of the programs established under his Republican predecessor Chris Christie. Among his top concerns is that the current incentive programs have no cap on how much businesses can be awarded.
The task force is expected to hold public hearings.