{"data":{"id":"us-nj/n.j.-stat.-34-1b-127","jurisdiction":"us-nj","citation":"N.J. Stat. § 34:1B-127","heading":"Project requirements.","body":"4. a. A business may apply to the authority for a grant for any project which:\n(1)\tWill create at least 25 eligible positions in the base years; or\n(2)\tWill create at least 10 eligible positions in the base years if the business is an advanced computing company, an advanced materials company, a biotechnology company, an electronic device technology company, an environmental technology company, or a medical device technology company.\nb.\tIn the case of a business which is a landlord, the business may apply to the authority for a grant for any project in which at least 25 eligible positions are created in the base years.\nc.\tA project which consists solely of point-of-final-purchase retail facilities shall not be eligible for a grant under P.L.1996, c.26 (C.34:1B-124 et seq.).  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, and only the withholdings from new employees which are employed in the portion of the project which represents non-retail facilities shall be used to determine the amount of the grant.  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.  For the purposes of P.L.1996, c.26 (C.34:1B-124 et seq.), catalog distribution centers shall not be considered point-of-final-purchase retail facilities.\nd. (1) If an application under P.L.1996, c.26 (C.34:1B-124 et seq.) has been received by the authority prior to the effective date of the \"New Jersey Economic Opportunity Act of 2013,\" P.L.2013, c.161 (C.52:27D-489p et al.), and, to the extent that there remains sufficient appropriations for grant issuance, then the authority is authorized to consider the application and to make a grant to an eligible applicant, provided that the authority shall take final action on that grant no later than December 31, 2013.\n(2)\tA business shall apply for a grant under the Business Employment Incentive Program prior to the effective date of the \"New Jersey Economic Opportunity Act of 2013,\" P.L.2013, c.161 (C.52:27D-489p et al.), and shall submit its documentation for approval of a grant no later than 90 calendar days after the effective date of the \"New Jersey Economic Opportunity Act of 2013,\" P.L.2013, c.161 (C.52:27D-489p et al.).\n(3)\tIf a business has submitted an application under P.L.1996, c.26 (C.34:1B-124 et seq.) and that application has not been approved for any reason, the lack of approval shall not serve to prejudice in any way the consideration of a new application as may be submitted by a business for the provision of incentives offered pursuant to the \"New Jersey Economic Opportunity Act of 2013,\" P.L.2013, c.161 (C.52:27D-489p et al.).\nL.1996, c.26, s.4; amended 2003, c.166, s.2; 2013, c.161, 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":"d49bc63bc8424fa8e4e80465c9782b48f27ebd6c7dfc87c2672dc0bfead57264","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-34-1b-126","next":"us-nj/n.j.-stat.-34-1b-128"},"notice":"GroundRules: Original legal text. Not legal advice."}