New Jersey A1210 expands the definition of "qualified assistance fund expense" to include property acquisition in Urban Enterprise Zones.
New Jersey A1210 amends the "New Jersey Urban Enterprise Zones Act" to expand the definition of "qualified assistance fund expense." This includes expenses related to purchasing, leasing, or acquiring land or other property. The bill aims to support economic development in designated zones by allowing these expenses to be covered by the assistance fund. This change is intended to stimulate economic activity and improve infrastructure within Urban Enterprise Zones.
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- Critical Issues
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