Bill to award Amazon tax credits advances in NJ

TRENTON, N.J. (AP) - New Jersey lawmakers advanced a bill to offer billions in tax credits to Amazon if it locates its second headquarters in the state.

The Democrat-led Senate budget committee unanimously approved the measure Friday. An Assembly committee vote is also expected.

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The bill comes after Democratic and Republican lawmakers along with GOP Gov. Chris Christie signed a letter backing the effort.

Incoming Democratic Gov. Phil Murphy has said he favors bringing Amazon's second headquarters to New Jersey but stopped short of backing this effort explicitly.

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In return for investing at least $3 billion and 30,000 full-time jobs, the state is offering $10,000 in tax credits per job created over 10 years.

Amazon has said it's gotten 238 proposals and is looking to be in a metropolitan area with mass transit.