New Jersey S1834 authorizes the creation of an additional urban enterprise zone in Burlington City, Burlington County.

New Jersey S1834 authorizes the creation of an additional urban enterprise zone (UEZ) in Burlington City, Burlington County. The bill establishes a total of 33 UEZs under the UEZ program, which was first authorized in 1983. The additional UEZ is to be designated within 90 days of the municipality submitting an application and zone development plan to the New Jersey Urban Enterprise Zone Authority. Qualified businesses in the new UEZ are entitled to benefits under the UEZ program, including a 50% exemption on sales and use taxes on retail sales.

New Jersey S1834 authorizes the creation of an additional urban enterprise zone in Burlington City, Burlington County.

New Jersey S1834 authorizes the creation of an additional urban enterprise zone (UEZ) in Burlington City, Burlington County. The bill establishes a total of 33 UEZs under the UEZ program, which was first authorized in 1983. The additional UEZ is to be designated within 90 days of the municipality submitting an application and zone development plan to the New Jersey Urban Enterprise Zone Authority. Qualified businesses in the new UEZ are entitled to benefits under the UEZ program, including a 50% exemption on sales and use taxes on retail sales.