Title 34, Title 34: LABOR AND WORKMEN'S COMPENSATION

34:1B-239 Invest in New Jersey Business Grant Program. 3. a. There is established the Invest in New Jersey Business Grant Program to be administered by the New Jersey Economic Development Authority. The program shall include an investment grant component to provide an incentive t…

34:1B-24 Motion Picture and Television Development Commission. 3. a. There is hereby established in the New Jersey Economic Development Authority a Motion Picture and Television Development Commission. b. The commission shall consist of 10 public members, who shall be appointed b…

34:1B-240 Employment grant component for eligible businesses. 4. a. There is also established under the Invest in New Jersey Business Grant Program to be administered by the New Jersey Economic Development Authority, an employment grant component to provide an incentive to busine…

34:1B-241 Rules, regulations. 5. The authority may promulgate rules and regulations necessary for the effective implementation of P.L.2008, c.112 (C.34:1B-237 et seq.). Notwithstanding any provision of the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.) to th…

34:1B-241.1 Definitions relative to small business loan program including certain dairy farms, operations. 1. As used in P.L.2011, c.201 (C.34:1B-241.1 et seq.): "Authority" means the New Jersey Economic Development Authority established by section 4 of P.L.1974, c.80 (C.34:1B-4)…

34:1B-241.2 Maintenance, administration of loan program. 2. a. The authority shall maintain and administer a small business loan program for the purpose of providing loans to eligible small businesses. The authority shall consult with the department in administering the small bus…

34:1B-241.3 Rules, regulations. 3. The authority may adopt such rules and regulations pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.) as may be necessary to effectuate the purposes of P.L.2011, c.201 (C.34:1B-241.1 et seq.). L.2011, c.201, s.3…

34:1B-242 Short title. 1. Sections 1 through 9 of this act shall be known and may be cited as the "Grow New Jersey Assistance Act." L.2011, c.149, s.1.

34:1B-243 Definitions relative to the "Grow New Jersey Act." 2. As used in P.L.2011, c.149 (C.34:1B-242 et seq.): "Affiliate" means an entity that directly or indirectly controls, is under common control with, or is controlled by the business. Control exists in all cases in which…

34:1B-244 Grow New Jersey Assistance Program. 3. a. The Grow New Jersey Assistance Program is hereby established as a program under the jurisdiction of the New Jersey Economic Development Authority and shall be administered by the authority. The purpose of the program is to encou…

34:1B-245 Incentive agreement required prior to issuance of tax credits. 4. The authority shall require an eligible business to enter into an incentive agreement prior to the issuance of tax credits. The incentive agreement shall include, but shall not be limited to, the followin…

34:1B-246 Total amount of tax credit for eligible business. 5. a. The total amount of the tax credit for an eligible business for each new or retained full-time job shall be as set forth in subsections b. through f. of this section. The total tax credit amount shall be calculated…

34:1B-247 Limits on combined value of approved credits. 6. a. (1) The combined value of all credits approved by the authority pursuant to P.L.2007, c.346 (C.34:1B-207 et seq.) and P.L.2011, c.149 (C.34:1B-242 et al.) prior to December 31, 2013 shall not exceed $1,750,000,000, exc…

34:1B-248 Application for tax credit transfer certificate. 7. A business may apply to the Director of the Division of Taxation in the Department of the Treasury and the chief executive officer of the authority for a tax credit transfer certificate, covering one or more years, in …

34:1B-249 Rules, regulations adopted by chief executive officer, authority. 8. a. The chief executive officer of the authority, in consultation with the Director of the Division of Taxation in the Department of the Treasury, shall adopt rules in accordance with the "Administrativ…

34:1B-25. Organization; vote required; executive director and other employees The Motion Picture and Television Development Commission shall organize itself in such manner as it deems desirable and necessary, but no action shall be taken or motion or resolution adopted by the com…

34:1B-250 Certain sales, conveyances authorized. 9. a. Notwithstanding the provisions of P.L.1962, c. 220 (C.52:31-1.1 et seq.), P.L. 2011, c.85, or any other law or regulation to the contrary, and without the requirement for the approval by any other party or entity, the State T…

34:1B-251 Definitions relative to certain economic development projects. 10. a. For the purposes of this section: "Authority" means the New Jersey Economic Development Authority established pursuant to section 4 of P.L.1974, c.80 (C.34:1B-4). "Government entity" means the State g…

34:1B-252 Definitions relative to certain small business funding. 1. As used in sections 1 and 2 of P.L.2016, c.84 (C.34:1B-252 et seq.): "Association" means a non-profit business advocacy association whose membership comprises small businesses in need of surety bonding. "Authori…

34:1B-253 "Small Business Bonding Readiness Assistance Program," "Small Business Bonding Readiness Assistance Fund." 2. a. (1) The New Jersey Economic Development Authority shall establish and maintain a program to be known as the "Small Business Bonding Readiness Assistance Prog…

34:1B-254 Definitions relative to financing of certain businesses. 1. As used in P.L.2017, c.261 (C.34:1B-254 et seq.): "Authority" means the New Jersey Economic Development Authority established by section 4 of P.L.1974, c.80 (C.34:1B-4). "Qualified business" means a business th…

34:1B-255 Certain businesses included. 2. In the case of any undertaking by which the authority makes direct loans to qualified businesses located in an urban center that are unable to obtain funding from conventional sources, notwithstanding the assistance of an authority guaran…

34:1B-256 Findings, declarations relative to tax credits for certain business headquarters. 1. The Legislature finds and declares that: a. (1) the Grow New Jersey Assistance Program (Grow Program) is the State's premier job creation and retention business incentive program that o…

34:1B-257 Definitions relative to tax credits for certain business headquarters. 2. As used in P.L.2017, c.282 (C.34:1B-256 et seq.): "Affiliate" means an entity that directly or indirectly controls, is under common control with, or is controlled by the business. Control exists i…

34:1B-258 Transformative Headquarters Economic Assistance Program. 3. a. The Transformative Headquarters Economic Assistance Program is hereby established as a program under the jurisdiction of the New Jersey Economic Development Authority and shall be administered by the authori…

34:1B-259 Incentive agreement prior to issuance of tax credits. 4. The authority shall require an eligible business to enter into an incentive agreement prior to the issuance of tax credits. The incentive agreement shall include, but not be limited to, the following: a. a detaile…

34:1B-26. Annual report On or before December 31 of each year, the Motion Picture and Television Development Commission shall make an annual report of its activities for the Governor and the Legislature. L.1977, c. 44, s. 5, eff. March 22, 1977.

34:1B-260 Total amount of tax credit. 5. a. The total amount of the tax credit awarded for an eligible business for each new full-time job shall be $10,000 per year for 10 years. The total tax credit amount shall be calculated and credited to the business annually for each year o…

34:1B-261 Application for tax credits. 6. a. (1) A business shall submit an application for tax credits to the authority prior to July 1, 2019. If the business requests additional time to submit its application, the authority shall have the discretion to grant one six-month exten…

34:1B-262 Application of tax credit against tax liability. 7. a. The total tax credit amount calculated and credited to the business annually for each year of the eligibility period may be applied against the tax liability otherwise due and required to be paid by the business pur…

34:1B-263 Forfeiture, reduction of tax credit. 8. a. If, in any tax period, the number of new full-time employees employed by the business at the headquarters drops below 80 percent of the number of new full-time jobs specified in the incentive phase agreements for all phases com…

34:1B-264 Rules, regulations. 9. a. The chief executive officer of the authority, in consultation with the Director of the Division of Taxation in the Department of the Treasury, shall adopt rules and regulations pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.…

34:1B-265 Employee rights to certain inventions. 1. a. (1) Any provision in an employment contract between an employee and employer, which provides that the employee shall assign or offer to assign any of the employee's rights to an invention to that employer, shall not apply to …

34:1B-266. Definitions relative to vineyards and wineries 1. As used in P.L.2019, c.34 (C.34:1B-266 et seq: "Authority" shall have the same meaning as provided in section 3 of P.L.1974, c.80 (C.34:1B-3). "Department" means the Department of Agriculture established pursuant to R.S…

34:1B-267. Maintenance, administration of loan program and application process 2. a. The New Jersey Economic Development Authority, in consultation with the Department of Agriculture, shall maintain and administer a loan program and application process for the purpose of providin…

34:1B-268. Rules, regulations 3. The authority, in consultation with the department, may adopt rules and regulations, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), as may be necessary to effectuate the purposes of P.L.2019, c.34 (C.34:1B-26…

34:1B-268.1 Definitions. 1. As used in this act: "Authority" means the New Jersey Economic Development Authority established pursuant to section 4 of P.L.1974, c.80 (C.34:1B-4). "Employee with disabilities" means an individual with disabilities, as determined pursuant to State or…

34:1B-268.2 Loan program established; funding workplace accomodations. 2. a. The New Jersey Economic Development Authority shall establish and administer a loan program to assist qualified small to medium-sized businesses in funding the costs of providing reasonable workplace acc…

34:1B-268.3 Short title. 1. This act shall be known and may be cited as the "New Jersey Social Innovation Act." L.2021, c.434, s.1.

34:1B-268.4 Definitions. 2. As used in P.L.2021, c.434 (C.34:1B-268.3 et seq.): "Authority" means the New Jersey Economic Development Authority, established pursuant to P.L.1974, c.80 (C.34:1B-1 et seq.). "Eligible organization" means a nonprofit organization that is exempt from …

34:1B-268.5 Social innovation loan pilot program established; effectiveness, scope determined. 3. a. There is established a five-year social innovation loan pilot program within the New Jersey Economic Development Authority to administer and determine the effectiveness of a socia…

34:1B-268.6 "New Jersey Social Innovation Study Commission" established; duties; membership criteria. 4. a. The authority shall oversee and staff a study commission, entitled the "New Jersey Social Innovation Study Commission," established for the duration of the pilot program. b…

34:1B-268.7 "Social innovation loan fund" established; funds appropriated. 5. a. To implement the social innovation loan pilot program, the authority shall establish and maintain a special non-lapsing, revolving fund called the "social innovation loan fund" which may be credited …

34:1B-268.8 Director to manage "social innovation loan fund." 6. a. The authority shall appoint a director to manage the activities associated with the "social innovation loan fund" established pursuant to section 5 of P.L.2021, c.434 (C.34:1B-268.7). The director shall receive c…

34:1B-268.9 Report issued to Governor, Legislature; detailing financing, loan guarantee recipients. 7. The authority shall issue a report six months after the effective date of P.L.2021, c.434 (C.34:1B-268.3 et seq.), and annually thereafter not later than September 15, to the Go…

34:1B-269 Short title. 1. P.L.2020, c.156 (C.34:1B-269 et al.) shall be known and may be cited as the "New Jersey Economic Recovery Act of 2020." L.2020, c.156, s.1.