New Jersey § 34:1b-126
Full text of New Jersey New Jersey Statutes § 34:1b-126, with citation guidance and answers to common questions.
§ 34:1b-126.
There is established the Business Employment Incentive Program to be administered
by the New Jersey Economic Development Authority. In order to foster job creation in this State, the authority may enter into agreements
with businesses to provide business employment incentive grants in accordance with
the provisions of this act if it finds that: a. The project proposed by the business will create, during the term of the agreement,
a net increase in employment by the business and its related persons, as defined in
section 2 of P.L.1993, c. 170 ( C.54:10A-5.5 ), in the State as provided in section 4 of this act; b. The project is economically sound and will benefit the people of New Jersey by
increasing opportunities for employment and by strengthening New Jersey's economy;
and c. The authority determines that the receipt of the business employment incentive
grant will be a material factor in the business' decision to go forward with the project.
Frequently Asked Questions About New Jersey § 34:1b-126
What does New Jersey Statutes § 34:1b-126 cover?
Section 34:1b-126 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-126?
A common citation format is "New Jersey Statutes § 34:1b-126" (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-126 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.