{"data":{"id":"us-nj/n.j.-stat.-34-1b-115","jurisdiction":"us-nj","citation":"N.J. Stat. § 34:1B-115","heading":"Grant of tax credits; qualifications.","body":"4. a. To qualify for a grant of tax credits, a business shall enter into an agreement to undertake a project to:\n(1)\trelocate or maintain a minimum of 50 retained full-time jobs from one or more locations within this State to a new business location or locations in this State; and\n(2)\tmaintain the retained full-time jobs pursuant to the project agreement for the commitment duration.\nb.\tA project that consists solely of point-of-final-purchase retail facilities shall not be eligible for a grant of tax credits.  If a project consists of both point-of-final-purchase retail facilities and non-retail facilities, only the portion of the project consisting of non-retail facilities shall be eligible for a grant of tax credits.  If a warehouse facility is part of a point-of-final-purchase retail facility and supplies only that facility, the warehouse facility shall not be eligible for a grant of tax credits.  For the purposes of this section, catalog distribution centers shall not be considered point-of-final-purchase retail facilities.\nL.1996, c.25, s.4; amended 2004, c.65, s.4; 2007, c.310, s.1; 2010, c.123, s.3.","path":["TITLE 34 LABOR AND WORKMEN'S COMPENSATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"df2a3dfdfbbf2991dd69d3c358944231dd901e222fd84d313e0e0ed05cf5b356","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-34-1b-114","next":"us-nj/n.j.-stat.-34-1b-115.1"},"notice":"GroundRules: Original legal text. Not legal advice."}