New Jersey A1635 establishes a grant program to support retail businesses impacted by public highway projects.
New Jersey A1635 establishes a grant program administered by the New Jersey Economic Development Authority (EDA) to support retail businesses impacted by public highway projects. The grant program provides financial assistance to reimburse businesses for increased business expenses incurred during a relief period, defined as the time between the start and end of a public highway project. The bill defines "business expenses" to include costs necessary for the day-to-day operation of a retail business, which may include lost revenues due to the project.
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