New Jersey Statutes 34:1B-123. Appropriation capped by retained tax revenue
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Terms Used In New Jersey Statutes 34:1B-123
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
12. There is appropriated to the New Jersey Commerce and Economic Growth Commission from the General Fund such sums as may be necessary, as certified by the commissioner and the Director of the Division of Budget and Accounting, to fund business retention and relocation grants of tax credits made under P.L.1996, c.25 (C. 34:1B-112 et seq.), the amount of which shall not exceed the retained State tax revenues as defined in section 2 of P.L.1996, c.25 (C. 34:1B-113).
L.1996,c.25,s.12; amended 2004, c.65, s.16.