A 4426
Establishes EDA grant program to support increased business expenses incurred by certain businesses impacted by certain public highway projects; provides 50 percent sales and use tax exemption in impacted municipalities; appropriates $1 million.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill establishes a grant program to help retail businesses impacted by public highway projects cover increased expenses during a ‘relief period.’ It also provides a 50% sales and use tax exemption for businesses operating in municipalities affected by these projects. The bill allocates $1 million to the New Jersey Economic Development Authority to administer the grant program.
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