S 3443
"Atlantic City Urban Enterprise Zone and Property Tax Relief Act"; creates urban enterprise zone in Atlantic City for 10 years.
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Sign in to take action- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
```json { "summary": "This bill creates an urban enterprise zone in Atlantic City for a period of 10 years. The zone aims to stimulate economic development and job creation by offering tax relief and incentives to businesses operating within the area. It establishes specific criteria for qualifying businesses, including those employing local residents and those located in distressed business districts. The bill also outlines procedures for designating the zone and provides for related financial assistance.", "keyProvisions": [ "Creates a 10-year urban enterprise zone in Atlantic City.", "Defines ‘qualified business’ based on employment criteria and location within the zone.", "Establishes criteria for designating the zone, prioritizing economically distressed areas and muni
Sponsors
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Primary sponsor
James Beach
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