New Jersey § 34:1b-118
Full text of New Jersey New Jersey Statutes § 34:1b-118, with citation guidance and answers to common questions.
§ 34:1b-118.
In considering the award and the amount of any grant of tax credits made pursuant to P.L.1996, c. 25 ( C.34:1B-112 et seq. ), the authority may consider, as part of the authority's overall review process, the following factors: a. The number of full-time jobs retained; b. The quality of the full-time jobs retained, including but not limited to the salaries
and benefits provided to retained full-time employees; c. Any capital investments made by the business at the new business location; d. The nature of the business' operations, including but not limited to whether the
business is a designated industry; e. The potential impact on the State if the business were to relocate to another state; f. The site of the new business location and its consistency with the smart growth
goals, strategies and policies of the State Development and Redevelopment Plan established
pursuant to section 5 of P.L.1985, c. 398 ( C.52:18A-200 ); g. Whether positions average at least 1.5 times the minimum hourly wage during the
commitment duration; and h. The duration and extent of past operations by the business in New Jersey and any
other information indicating the business' level of commitment to the State and the
likelihood that the business will continue to operate in this State in the future.
Frequently Asked Questions About New Jersey § 34:1b-118
What does New Jersey Statutes § 34:1b-118 cover?
Section 34:1b-118 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 34:1b-118?
A common citation format is "New Jersey Statutes § 34:1b-118" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 34:1b-118 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.