New Jersey § 34:1B-123 Appropriation capped by retained tax revenue.

New Jersey Statutes

§ 34:1B-123 — Appropriation capped by retained tax revenue.

New Jersey § 34:1B-123

Title 34LABOR AND WORKMEN'S COMPENSATION

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Bluebook

N.J. Stat. Ann. § 34:1B-123 (2026).

Text

12.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). L.1996,c.25,s.12; amended 2004, c.65, s.16.

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12. 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). L.1996,c.25,s.12; amended 2004, c.65, s.16.