State Sen. Bob Smith, who chairs a select committee convened to review the Economic Development Agency’s tax incentive programs, said the committee’s letter telling the task force investigating abuses of the same program to retain all documents related to its inquiry wasn’t as hostile as it might appear.
“Well, why should people reinvent the wheel? If we have documents they don’t have, we’re happy to share. If they have stuff we don’t have, hopefully they’d be happy to share,” Smith said. “I mean, at the end of the day, this is about trying to get a better process in New Jersey.”
Smith said he believed the two investigatory panels had reached an agreement on mutual cooperation.
The committee sent a similar letter to the EDA, seeking documentation about its application process.
Smith said the committee was still in its early stages, and was still focused primarily on information gathering.
“We’re accumulating information to see what we should be looking at … I’m hoping at the end of this process we have recommendations for reform legislation to make this process much better,” Smith said.