Designates Hackensack City as an urban enterprise zone in New Jersey.
This bill designates Hackensack City in Bergen County as an urban enterprise zone. The bill authorizes the creation of a total of 33 urban enterprise zones in the state, based on specific poverty and population statistics. Hackensack City must submit an application and zone development plan to the New Jersey Urban Enterprise Zone Authority within 90 days of the bill's enactment. The additional urban enterprise zone will be designated within 90 days of the submission of the application and plan.
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