Road to Tax Relief Act provides tax credits for businesses and employees impacted by public highway projects.

The Road to Tax Relief Act provides tax relief for businesses and employees affected by public highway projects, such as the repair of Interstate 80 in Morris County. It offers a refundable credit against sales tax remittances for retail businesses in impacted construction zones, where traffic is impeded or access to businesses is restricted. Additionally, it provides gross income and corporate income tax credits for revenue losses experienced by businesses in these zones. Employees of these businesses can also claim a credit for lost wages due to reduced work schedules caused by the project.

Road to Tax Relief Act provides tax credits for businesses and employees impacted by public highway projects.

The Road to Tax Relief Act provides tax relief for businesses and employees affected by public highway projects, such as the repair of Interstate 80 in Morris County. It offers a refundable credit against sales tax remittances for retail businesses in impacted construction zones, where traffic is impeded or access to businesses is restricted. Additionally, it provides gross income and corporate income tax credits for revenue losses experienced by businesses in these zones. Employees of these businesses can also claim a credit for lost wages due to reduced work schedules caused by the project.