New Jersey § 34:1b-260
Full text of New Jersey New Jersey Statutes § 34:1b-260, with citation guidance and answers to common questions.
§ 34:1b-260.
a. The total amount of the tax credit awarded for an eligible business for each new
full-time job shall be $10,000 per year for 10 years. The total tax credit amount shall be calculated and credited to the business annually
for each year of the eligibility period following the creation of the full-time job
pursuant to the incentive phase agreements. b. Following the enactment of P.L.2017, c. 282 ( C.34:1B-256 et seq. ), there shall be no monetary cap on the value of credits approved by the authority
attributable to the program.
Frequently Asked Questions About New Jersey § 34:1b-260
What does New Jersey Statutes § 34:1b-260 cover?
Section 34:1b-260 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-260?
A common citation format is "New Jersey Statutes § 34:1b-260" (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-260 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.