New Jersey S4556 provides tax credits for meeting green building standards.
The "Green Building Tax Credit Act" provides tax credits for developers and owners who design and construct buildings and owners who retrofit buildings to meet certain "green building" criteria. The bill sets forth standards for green building criteria, including energy efficiency, water efficiency, indoor air quality, and construction waste. The Department of Community Affairs (DCA) will administer the tax credits in consultation with the Department of Environmental Protection.
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