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

34:1B-384 Findings, declarations. 2. The Legislature finds and declares that: a. The New Jersey Economic Development Authority can effectively utilize cultural arts institution facilities as catalysts for broad economic development in targeted communities. Under the legislation, …

34:1B-385 Definitions. 3. As used in P.L.2023, c.197 (C.34:1B-383 et al.): "Affiliate" means an entity that directly or indirectly controls, is under common control with, or is controlled by a cultural arts institution. Control exists in all cases in which the entity is a member …

34:1B-386 "Cultural Arts Incentives Program" established, New Jersey Economic Development Authority. 4. a. The Cultural Arts Incentives Program is established as a program under the jurisdiction of the New Jersey Economic Development Authority. The board shall certify an eligible…

34:1B-387 Cultural arts institution, tax credit eligibility. 5. a. A cultural arts institution shall be eligible to receive a tax credit under the program only if the cultural arts institution is eligible pursuant to subsection b. of this section and submits a program application…

34:1B-388 Cultural arts institution seeking tax credit, application, New Jersey State Council on the Arts, consultation. 6. a. Prior to March 1, 2029, a cultural arts institution seeking a tax credit pursuant to the program that satisfies the eligibility criteria set forth in sec…

34:1B-389 New Jersey Economic Development Authority, awarding tax credits, competitive application process, at least one award round each year. 7. a. The authority shall conduct a review of applications on a rolling basis, unless the authority determines that demand is likely to …

34:1B-39. Establishment of fund; source of deposits; use of funds There is established the New Jersey Local Development Financing Fund, a special depository fund into which shall be deposited moneys for carrying out the purposes of this act. The fund shall be continuing and nonla…

34:1B-390 New Jersey Economic Development Authority, cultural arts institution, tax credit agreement. 8. a. Following approval and selection of an application pursuant to sections 6 and 7 of P.L.2023, c.197 (C.34:1B-388 and 34:1B-389), the authority shall enter into a tax credit …

34:1B-391 Cultural arts institution, approved cultural arts project, tax credit, awarded. 9. a. Up to the limits established in paragraph (1) of subsection b. of section 4 of P.L.2023, c.197 (C.34:1B-386), and in accordance with a tax credit agreement, beginning upon the receipt …

34:1B-392 Cultural arts institution, tax credit transfer certificate, selling, assigning. 10. a. A cultural arts institution may apply to the director and the chief executive officer of the authority for a tax credit transfer certificate, covering one or more years. The tax credi…

34:1B-393 Rules, regulations. 11. a. Notwithstanding the provisions of the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.) to the contrary, the chief executive officer of the authority shall, in consultation with the New Jersey State Council on the Arts, adop…

34:1B-394 Short title. 1. P.L.2024, c.49 (C.34:1B-394 et al.) shall be known and may be cited as the Next New Jersey Program Act. L.2024, c.49, s.1.

34:1B-395 Definitions. 2. As used in P.L.2024, c.49 (C.34:1B-394 et al.): "Affiliate" means an entity that directly or indirectly controls, is under common control with, or is controlled by an eligible business. Control exists in all cases in which the entity is a member of a con…

34:1B-396 "Next New Jersey Program" established. 3. a. The Next New Jersey Program is hereby established as a program under the jurisdiction of the New Jersey Economic Development Authority. The authority shall administer the program to attract new investment to New Jersey in key…

34:1B-397 Tax credit eligibility requirements, artificial intelligence. 4. a. Beginning on the effective date of P.L.2024, c.49 (C.34:1B-394 et al.), but prior to March 1, 2029, to be eligible for tax credits under the program, a business's chief executive officer, or equivalent …

34:1B-398 Tax credit eligibility, application, artificial intelligence. 5. a. A business that meets the eligibility criteria in section 4 of P.L.2024, c.49 (C.34:1B-397) and is seeking tax credits for a project under the program shall submit an application for approval of the pro…

34:1B-399 Eligible business, tax credits, site plan approval, committed financing, control, facility. 6. a. Following board approval, within a time established by the authority and prior to the authority and an eligible business executing a project agreement, the eligible busines…

34:1B-4 "New Jersey Economic Development Authority." 4. a. There is hereby established in, but not of, the Department of the Treasury a public body corporate and politic, with corporate succession, to be known as the "New Jersey Economic Development Authority." The authority is h…

34:1B-4.1 Contracts to secure bonds, other obligations. 6. a. The New Jersey Economic Development Authority and the State Treasurer are hereby authorized to enter into one or more contracts to secure, in whole or in part, any bonds, refunding bonds or other obligations of the aut…

34:1B-4.2 Motion Picture and Television Development Commission, transfer, Business Action Center, Department of State. 1. a. The Motion Picture and Television Development Commission, established pursuant to section 3 of P.L.1977, c.44 (C.34:1B-24), transferred in, but not of, the…

34:1B-4.3 Regulations. 8. Notwithstanding the provisions of the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), to the contrary, the chief executive officer of the authority may adopt, immediately upon filing with the Office of Administrative Law, regulation…

34:1B-40. Form, amount and terms of financial assistance; repayment Financial assistance provided from the fund shall include, but not be limited to, loans, loan guarantees, grants, secondary mortgages and equity participation. The form, amount and terms of financial assistance p…

34:1B-400 Tax credit eligibility, certifications, capital investment, employment requirements. 7. a. Upon completion of the capital investment and employment requirements of the program, an eligible business shall submit to the authority certifications evidencing that the eligibl…

34:1B-401 Eligible business, tax credit transfer certificate. 8. a. An eligible business may apply to the director and the chief executive officer of the authority for a tax credit transfer certificate, within three years of the tax period in which the director allows the eligibl…

34:1B-402 Rules, regulations. 9. Notwithstanding the provisions of the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.) to the contrary, the chief executive officer of the authority shall adopt, immediately, upon filing with the Office of Administrative Law, s…

34:1B-403 Short title. 1. P.L.2025, c.123 (C.34:1B-403 et al.) shall be known and may be cited as the “Next New Jersey Manufacturing Program Act.” L.2025, c.123, s.1.

34:1B-404 Findings, declarations. 2. The Legislature finds and declares that: a. Manufacturers are vital contributors to the State's economic health and overall prosperity. They serve as engines of growth, driving job creation, stimulating innovation, and fostering a robust and p…

34:1B-405 Definitions. 3. As used in P.L.2025, c.123 (C.34:1B-403 et al.): “Affiliate” means an entity that directly or indirectly controls, is under common control with, or is controlled by an eligible business. Control exists in all cases in which the entity is a member of a co…

34:1B-406 Next New Jersey Manufacturing Program under the New Jersey Economic Development Authority. 4. a. The Next New Jersey Manufacturing Program is hereby established as a program under the jurisdiction of the New Jersey Economic Development Authority. The authority shall adm…

34:1B-407 Tax credit eligibility, Next New Jersey Manufacturing Program. 5. a. To be eligible for tax credits under the program, a business’s chief executive officer, or equivalent officer, shall demonstrate to the authority at the time of application that: (1) the business shall…

34:1B-408 Tax credit application form, requirements, Next New Jersey Manufacturing Program. 6. a. A business that meets the eligibility criteria in section 5 of P.L.2025, c.123 (C.34:1B-407) and is seeking tax credits for a project under the program shall submit an application to…

34:1B-409 Site plan approval, committed financing, site control requirements, Next New Jersey Manufacturing Program. 7. a. Following board approval of an application submitted pursuant to section 6 of P.L.2025, c.123 (C.34:1B-408), within a time period established by the authorit…

34:1B-41. Criteria for evaluating and ranking applications for financial assistance The commissioner shall evaluate and rank each application for financial assistance for a project in accordance with the following criteria: a. Primary criterion: (1) The number of unemployed perso…

34:1B-410 Certifications evidencing capital investment, employment requirements were met, Next New Jersey Manufacturing Program. 8. a. Upon completion of the capital investment and employment requirements of the program, an eligible business shall submit certifications to the aut…

34:1B-411 Tax credit transfer certificate application, substitution, limitations. 9. a. Within three years of the tax period in which the director first allows the eligible business a tax credit, an eligible business may apply to the director and the chief executive officer of th…

34:1B-412 Rules, regulations. 10. Notwithstanding the provisions of the “Administrative Procedure Act,” P.L.1968, c.410 (C.52:14B-1 et seq.) to the contrary, the chief executive officer of the authority shall adopt, immediately, upon filing with the Office of Administrative Law, …

34:1B-42. Schedule of application periods; ranking of applications; finding of feasibility The commissioner shall annually establish a schedule of discrete application periods for the next year, provided that no period shall be less than one month nor more than six months. At the…

34:1B-43. Project plan; contents; determinations prior to final approval a. Prior to final approval of financial assistance under this act, the project sponsor shall file with the commissioner a project plan which shall provide such information as the commissioner deems necessary…

34:1B-44. Approval or disapproval of application; notice Upon receipt of any revised project plan prepared as a result of any recommendations made pursuant to the provisions of section 7 of this act, and of any information required pursuant to the provisions of section 8 of this …

34:1B-45. Arrangement for financial assistance; repayment Upon receipt of a copy of the notice of approval of a project as an eligible project and accompanying statement of the terms of financial assistance, the State Treasurer shall arrange with the sponsor of the eligible proje…

34:1B-46. Report The commissioner shall require each sponsor of an eligible project receiving assistance from the New Jersey Local Development Financing Fund pursuant to the provisions of this act annually to submit a report of the sponsor's activities undertaken in furtherance o…

34:1B-47. Findings, declarations The Legislature finds and declares: a. That entrepreneurship is a vital component of the national heritage that fosters the health and dynamism of the overall economy; b. That despite their contribution as major generators of employment, small bus…

34:1B-48. Definitions For the purposes of this act: a. "Authority" means the New Jersey Development Authority for Small Businesses, Minorities and Women's Enterprises established pursuant to the provisions of this act; b. "Board" means the board of directors of the New Jersey Dev…

34:1B-49. Development Authority for Small Businesses, Minorities and Women's Enterprises a. There is established in but not of the Department of Commerce and Economic Development the New Jersey Development Authority for Small Businesses, Minorities' and Women's Enterprises, which…

34:1B-4a NJEDA building designated in memory of Caren S. Franzini. 1. The Governor, or the designee thereof, shall designate the building in which the New Jersey Economic Development Authority is located at 36 West State Street, Trenton, New Jersey in memory of Caren S. Franzini …

34:1B-4b Funding for signage. 2. Except for funds of the New Jersey Economic Development Authority, State or other public funds shall not be used for producing, purchasing, or erecting signs bearing the designation established pursuant to section 1 of P.L.2017, c.229 (C.34:1B-4a)…