Tax breaks

Data center projects, which are proliferating across the country, are taking advantage of tax breaks that can be costly for states and local governments.

The team has pledged to launch a petition drive to place the project on the May 16 city ballot.

The new corporate tax incentive legislation includes an annual cap for a key component, in an effort not to repeat the mistakes of its predecessor program.

The $4.89 billion in emergency earthquake disaster aid for Puerto Rico and another $16 billion in tax breaks are likely to be scaled back in size if it’s taken up by the Senate.

Two incentive programs expired on July 1, and Gov. Phil Murphy vetoed a bill to extend them unchanged.

Republicans say they would offset repeal of SALT deduction by increasing the standard deduction.