New Jersey Statutes
§ 5:12-177 — Donation in lieu of bond purchase or investment
New Jersey·Title 5 AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS
In lieu of buying the bonds of the Casino Reinvestment Development Authority or in lieu of making a direct investment, the Casino Reinvestment Development Authority may, in its sole discretion, permit a licensee to obtain an investment tax credit by making a donation of money or realty to an eligible project, facility or program. For the purposes of applying this section, a donation shall be deemed to be an investment and shall be subject to any provision of this 1984 amendatory and supplementary act which is relevant to an investment. No donation shall qualify for investment tax credit unless it has been approved and determined to be eligible for investment tax credit by the Casino Reinvestment Development Authority prior to the making of the donation and provided that the granting of the
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Nearby Sections
15
§ 5:12-1 Short title; declaration of policy and legislative findings.
§ 5:12-1 Short title; declaration of policy and legislative findings.§ 5:12-10
"Casino license"§ 5:12-100
Games and gaming equipment.§ 5:12-101
Credit.§ 5:12-101.1
Accounts established, limitations§ 5:12-102
Junkets and complimentary services.§ 5:12-103 Alcoholic beverages in casino hotel facilities.
§ 5:12-103 Alcoholic beverages in casino hotel facilities.§ 5:12-104
Casino licensees, leases, contracts.§ 5:12-105 Disposition of securities by corporate licensee.
§ 5:12-105 Disposition of securities by corporate licensee.§ 5:12-106 Casino employment.
§ 5:12-106 Casino employment.§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts.
§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts.§ 5:12-108
Proceedings against licensees§ 5:12-109
Emergency orders.§ 5:12-11
"Casino security employee"