Lawmaker Wants Tougher 'Encap' Bill ; Comptroller Would Have Right to Audit Deals

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A bill designed to prevent fraud by developers involved in public- private projects was introduced Monday by Assemblyman Gary Schaer, D- Passaic.

Schaer said the bill offers more specifics than legislation introduced in mid-March by state Sen. Paul Sarlo, D-Wood-Ridge. That so-called EnCap law would require developers to open their books to an independent auditor if they are working on a project backed by at least $25 million in public financing.

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Lawmaker Wants Tougher 'Encap' Bill ; Comptroller Would Have Right to Audit Deals

EnCap was chosen in 1999 to clean up the southern Bergen County landfills, and build a golf course and other ...

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