Grow New Jersey Assistance Tax Credit
Funds legacy New Jersey facility investment and job creation or retention through ten-year tax credits.
The New Jersey Economic Development Authority administered the Grow New Jersey Assistance Tax Credit for businesses making substantial investment at a qualified facility and creating or retaining jobs in the state. Under the original rules, a project generally required at least USD 20 million of capital investment and 100 eligible full-time positions with group health benefits, although the 2013 a…
Former projects combining capital investment at a qualified New Jersey business facility with eligible jobs in a qualifying incentive area.
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