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

34:1B-7.30. Definitions 3. 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). "Boat" means a vessel or watercraft, other than a personal watercraft or sea plane on the water, used o…

34:1B-7.31. "New Jersey Boat Industry Loan Guarantee Program" established 4. The New Jersey Economic Development Authority shall establish a "New Jersey Boat Industry Loan Guarantee Program" to provide loan guarantees for boat manufacturers or distributors in the State. L.1993,c.…

34:1B-7.32. "New Jersey Boat Industry Loan Guarantee Fund" 5. a. To implement the program, the authority shall establish and maintain a special revolving fund to be known as the "New Jersey Boat Industry Loan Guarantee Fund," hereinafter the "guarantee fund," which shall be credi…

34:1B-7.33. Establishment of reserves 6. The authority shall establish sufficient reserves and liquid reserves to provide a sufficient and actuarially sound basis for its pledges contained in any loan guarantee agreement entered into pursuant to this act. L.1993,c.358,s.6.

34:1B-7.34. Agreements 7. The authority shall enter into agreements with participating banks and boat manufacturers or distributors qualified pursuant to subsection d. of section 5 of this act to use the moneys from the guarantee fund to guarantee direct loans or revolving lines …

34:1B-7.35. Report to Governor, Legislature 8. Within fifteen months following the effective date of this act, and on or before February 15 of each succeeding year in which a loan guarantee agreement entered into under this act is in effect, the authority shall prepare a report o…

34:1B-7.36. Rules, regulations 9. The authority shall adopt, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), any rules and regulations necessary to effectuate the purposes of this act. In developing procedures and forms to be used in connecti…

34:1B-7.37. Short title 1. This act shall be known and may be cited as the "New Jersey Emerging Technology and Biotechnology Financial Assistance Act." L.1995,c.137,s.1.

34:1B-7.38. Findings, declarations 2. The Legislature finds and declares that: a. Biotechnology is an emerging technology that holds great promise for designing living organisms that can be used for the treatment of diseases, and improvements to plants and animals, and to otherwi…

34:1B-7.39. Definitions relative to emerging technology, biotechnology. 3. 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); "Biotechnology" means the continually expanding body of…

34:1B-7.4. Financing of projects; economic feasibility and recovery of costs Financing of projects pursuant to this act shall be in such form, amount and on such terms as the authority shall believe necessary in order to assure the economic feasibility of a project and to assure,…

34:1B-7.40. "New Jersey Emerging Technology and Biotechnology Financial Assistance Program" established 4. The authority shall establish a "New Jersey Emerging Technology and Biotechnology Financial Assistance Program" to stimulate increased financing to help fund the costs incur…

34:1B-7.41. "New Jersey Emerging Technology and Biotechnology Financial Assistance Fund" 5. a. To implement the program, the authority shall establish and maintain a special account to be known as the "New Jersey Emerging Technology and Biotechnology Financial Assistance Fund," h…

34:1B-7.42 Applications for money from fund; criteria; agreements. 6. a. Applications for money from the assistance fund established under this act shall be submitted by emerging technology or biotechnology companies in a form and manner determined by the authority. The authority…

34:1B-7.42a Corporation business tax benefit certificate transfer program. 1. a. The New Jersey Economic Development Authority shall establish within the New Jersey Emerging Technology and Biotechnology Financial Assistance Program established pursuant to P.L.1995, c.137 (C.34:1B…

34:1B-7.42b Definitions relative to certain corporation tax benefit programs. 1. As used in P.L.1997, c.334 (C.34:1B-7.42a et al.): "Authority" means the New Jersey Economic Development Authority established pursuant to section 4 of P.L.1974, c.80 (C.34:1B-4). "Biotechnology" mea…

34:1B-7.42c Authorization to approve certain transfers of tax benefits. 1. Notwithstanding the provisions of subsection b. of section 1 of P.L.1997, c.334 (C.34:1B-7.42a) or the provisions of any other law, rule, or regulation to the contrary, the authority shall be authorized to…

34:1B-7.43. Report 7. Not later than one year following the effective date of this act, and for each succeeding year in which a financial assistance agreement entered into under this act is in effect, the authority shall prepare a report on the program. The report shall include, …

34:1B-7.44. Rules, regulations. 8. a. The authority shall adopt, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), any rules and regulations necessary to effectuate the purposes of this act. In developing procedures and forms to be used in conn…

34:1B-7.45. Short title 1. This act shall be known and may be cited as the "Pension Bond Financing Act of 1997." L.1997,c.114,s.1.

34:1B-7.46. Findings, declarations relative to issuance of bonds, notes, other obligations to fund accrued pension liability 2. The Legislature finds and declares that: a. The State currently makes contributions on an annual basis to fund the State's obligations under its various…

34:1B-7.47. Definitions relative to issuance of bonds, notes, other obligations to fund accrued pension liability 3. As used in this act: a. "Bonds" means bonds, notes or other obligations issued by the authority pursuant to this act. b. "New Jersey Economic Development Authority…

34:1B-7.48. Powers of authority concerning bonds 4. Notwithstanding the provisions of any law, rule, regulation or order to the contrary: a. The authority shall have the power, pursuant to the provisions of this act and P.L.1974, c.80 (C.34:1B-1 et seq.), to issue bonds and refun…

34:1B-7.49. Payments of debt service to authority; schedule 5. a. The State Treasurer shall, in each State fiscal year, pay from the General Fund to the authority, in accordance with a contract or contracts between the State Treasurer and the authority, authorized pursuant to sec…

34:1B-7.5. Projects; factors for consideration for financial assistance With respect to projects for which costs are to be financed by the authority pursuant to this act, the authority shall in determining those projects, and in the planning and undertaking of those projects, con…

34:1B-7.50. State, authority contracts authorized; terms, conditions 6. The State Treasurer and the authority are authorized to enter into one or more contracts to implement the payment arrangement that is provided for in section 5 of this act. The contract or contracts shall pro…

34:1B-7.51. Annual report, contents 7. The State Treasurer shall, on or before April 1 of each year, issue a report on the financing provided for in this act to the Governor, the Senate President, the Speaker of the General Assembly, and the chairs of the Senate Budget and Approp…

34:1B-7.52. Supersedure by act 8. It is the intent of the Legislature that in the event of any conflict or inconsistency between the provisions of this act and any other law pertaining to the purposes of this act, to the extent of the conflict or inconsistency, the provisions of …

34:1B-7.53. Severability of act 9. If any clause, sentence, paragraph, section or part of this act shall be adjudged by any court of competent jurisdiction to be invalid, the judgment shall not affect, impair or invalidate the remainder thereof, but shall be confined in its opera…

34:1B-7.6. Annual report The authority shall annually report to the Governor and the Legislature concerning the financing of projects undertaken, and concerning projects planned to be undertaken, pursuant to this act. The report shall include a description of consideration given …

34:1B-7.7. Repayment by Economic Development Authority The New Jersey Economic Development Authority, as successor to the New Jersey State Area Redevelopment Authority through the Executive Reorganization Plan filed February 27, 1978, shall repay without interest to the State Tre…

34:1B-7.8. Funds transferred All sums appropriated or transferred to the New Jersey Area Redevelopment Authority, except those referred to in section 1 of this act, or to the New Jersey Urban Loan Authority, from any source, are transferred to the New Jersey Economic Development …

34:1B-7.9. Prepayment at discount The New Jersey Economic Development Authority, as successor to the New Jersey State Area Redevelopment Authority, may, after negotiation and agreement with the State Treasurer, prepay all outstanding appropriations due in future years to the Stat…

34:1B-70. Short title 1. This act shall be known and may be cited as the "Micro-Business Development and Assistance Act." L.1995,c.206,s.1.

34:1B-71. Findings, declarations relative to microlending 2. The Legislature finds and declares that: a. Approximately 98% of New Jersey's employers are small business operators and more than 1.5 million employees are working in small businesses in this State; b. Testimony taken …

34:1B-72. Definitions 3. As used in this act: "Certified micro-business development corporation" means a micro-business development corporation certified pursuant to section 7 of this act; "Commissioner" means the Commissioner of Commerce and Economic Development; "Department" me…

34:1B-73. New Jersey Micro-Business Assistance Program 4. a. There is created, in the New Jersey Economic Development Authority , a "New Jersey Micro-Business Assistance Program," hereinafter, "the program." The program shall be established by the authority in collaboration with …

34:1B-74. "New Jersey Micro-Business Assistance Fund" 5. a. To implement the program, the authority shall establish and maintain a special revolving fund to be known as the "New Jersey Micro-Business Assistance Fund," hereinafter, "the assistance fund," which shall be credited wi…

34:1B-75. Development loans to micro-business development corporations 6. a. The authority shall use the moneys in the assistance fund established pursuant to section 5 of this act to make development loans to micro-business development corporations certified by the authority to …

34:1B-76. Certification of micro-business development corporation 7. The authority may certify a micro-business development corporation when it determines that the corporation: a. has developed a viable plan for providing training, access to financing, and technical assistance fo…

34:1B-77. Additional powers of authority 8. a. The authority shall have, in addition to the powers enumerated in section 5 of P.L.1974, c.80 (C.34:1B-5), the power to enter into written agreements, including limited partnership agreements, with one or more professional investors …

34:1B-78. Additional duties of authority 9. In addition to the duties of the authority required under section 7 of P.L.1974, c.80 (C.34:1B-7), the authority shall, in conjunction with certified development corporations and the department, prepare a report within two years followi…

34:1B-79. Rules, regulations 10. The authority and the department shall jointly adopt, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), rules and regulations as may be necessary to effectuate the purposes of this act including, but not limited…

34:1B-8. Public utility facilities; definition; powers The authority shall also have power to make reasonable regulations for the installation, construction, maintenance, repair, renewal, relocation, and removal of tracks, pipes, mains, conduits, cables, wires, towers, poles and …

34:1B-80. Short title 1. This act shall be known and may be cited as the "New Jersey Industry Sector Network Development Act." L.1995,c.207,s.1.

34:1B-81. Findings, declarations relative to strategies promoting businesses 2. The Legislature finds and declares that: a. The Department of Commerce and Economic Development admirably provides generic services and technical assistance to businesses that request such help; b. Th…