N.J. Stat. § 34:1B-123

Current through L. 2024, c. 80.
Section 34:1B-123 - Appropriation capped by retained tax revenue

There is appropriated to the New Jersey Commerce and Economic Growth Commission from the General Fund such sums as may be necessary, as certified by the commissioner and the Director of the Division of Budget and Accounting, to fund business retention and relocation grants of tax credits made under P.L. 1996, c. 25(C.34:1B-112 et seq.), the amount of which shall not exceed the retained State tax revenues as defined in section 2 of P.L. 1996, c. 25(C.34:1B-113).

N.J.S. § 34:1B-123

Amended by L. 2004, c. 65, s. 16, eff. 6/30/2004.
L. 1996, c. 25, s. 12.