A 3918
"Green Building Tax Credit Act."
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
The Green Building Tax Credit Act establishes a tax credit program to incentivize the construction and retrofitting of ‘green buildings’ in New Jersey. It provides credits against state taxes for meeting specific environmental standards, such as energy efficiency, sustainable materials, and water conservation. The Department of Community Affairs will oversee the program and establish the necessary guidelines and standards. The program is designed to encourage environmentally friendly building practices and is subject to annual funding limits.
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