New Jersey § 52:27H-70 First two enterprise zones;  criteria for designation

New Jersey Statutes

§ 52:27H-70 — First two enterprise zones; criteria for designation

New Jersey § 52:27H-70

Title 52STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

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Bluebook

N.J. Stat. Ann. § 52:27H-70 (2026).

Text

The first two areas and municipalities designated as enterprise zones by the authority shall meet all the following criteria: a. A rate of unemployment among residents in the area and among residents of the municipality exceeding one and one-half times the national unemployment rate as determined by the most recently available data from the Bureau of Labor Statistics in the United States Department of Labor; b. At least 20% of the population of the area and population of the municipality receive incomes below the poverty level, as defined by the United States Department of Labor; c. At least 20% of the residents of the area and residents of the municipality depend upon public assistance as their primary source of income. L.1983, c. 303, s. 11, eff. Aug. 15, 1983.

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The first two areas and municipalities designated as enterprise zones by the authority shall meet all the following criteria: a. A rate of unemployment among residents in the area and among residents of the municipality exceeding one and one-half times the national unemployment rate as determined by the most recently available data from the Bureau of Labor Statistics in the United States Department of Labor; b. At least 20% of the population of the area and population of the municipality receive incomes below the poverty level, as defined by the United States Department of Labor; c. At least 20% of the residents of the area and residents of the municipality depend upon public assistance as their primary source of income. L.1983, c. 303, s. 11, eff. Aug. 15, 1983.