A 3588
Revises various provisions of the New Jersey Aspire Program.
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- Passed General Assembly
- Passed Senate
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- Became Law
Bill overview
This bill revises the New Jersey Aspire Program, a state initiative focused on economic development. It clarifies definitions of key terms used in the program, including ‘Agency,’ ‘Authority,’ ‘Aviation District,’ ‘Building Services,’ ‘Collaborative Workspace,’ and ‘Commercial Project.’ Specifically, it adjusts eligibility criteria for government-restricted municipalities and introduces new definitions related to food access, environmental remediation costs, and project financing gaps.
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