New Jersey S3707 establishes a grant program to support businesses impacted by public highway projects and provides a 50% sales and use tax exemption.
New Jersey S3707 establishes a grant program administered by the New Jersey Economic Development Authority (EDA) to provide financial assistance to retail businesses impacted by public highway projects. The grant reimburses businesses for increased expenses incurred during the project period. The bill defines "retail business establishment" as a small business with a fixed location offering goods or services. The EDA reviews and approves applications on a rolling basis, subject to available funds.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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