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The world's largest online retailer has won promises from
elected officials who are eager for the $5 billion-plus
investment and up to 50,000 jobs that will come with "Amazon
HQ2."
New Jersey proposed $7 billion in potential credits against
state and city taxes if Amazon locates in Newark and sticks to
hiring commitments, according to a Monday news release from the
governor's office.
Across the Hudson River, New York City made a proposal without
incentives special for Amazon, though the state is expected to
offer some, a spokesman for the city's economic development
corporation said on Wednesday.
And across the country, California is offering some $300 million
in incentives over several years and other benefits, the
governor said in an Oct. 11 letter to Amazon's Chief Executive
Jeff Bezos, published online by the Orange County Register.
Dozens of cities and states have expressed interest in HQ2.
Credit ratings and research company Moody's has ranked Austin as
the most likely to win based on its labor pool, costs of doing
business and quality of life, among other criteria.
Austin is also the headquarters of Whole Foods Market, which
Amazon recently acquired.
The city's chamber of commerce said in a Twitter post on
Wednesday that it submitted its bid for HQ2.
Amazon has said it will announce a decision for its second
campus, in addition to its Seattle headquarters, next year.
(Reporting by Jeffrey Dastin in San Francisco; Editing by Lisa
Shumaker)
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