New Jersey A4063 provides a corporation business tax credit for constructing or retrofitting warehouses to meet green building standards.
New Jersey A4063 offers a corporation business tax credit for taxpayers who build or retrofit warehouses to meet specific green building standards. The credit is equal to 25% of allowable costs for construction or retrofitting. A "green warehouse" is defined as a high-performance green building that meets certain sustainability criteria, such as a silver rating from the Leadership in Energy and Environmental Design (LEED) system. The credit is administered by the Department of Community Affairs and the Division of Taxation.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.