N.J. Admin. Code § 19:30-1.1

Current through Register Vol. 56, No. 12, June 17, 2024

Section 19:30-1.1 - Purpose and objectives

(a) These rules are established to effectuate, and shall be applied so as to accomplish, the general purposes of "The New Jersey Economic Development Authority Act" (chapter 80, P.L. 1974; C. 34:1B-1 et seq.), and the following specific objectives:

1. To foster and promote the economy of the State;

2. To increase opportunities for gainful employment and to improve living conditions;

3. To assist in the economic development or redevelopment of political subdivisions within the State;

4. To contribute to the prosperity, health and general welfare of the State and its inhabitants by making available financial and other assistance to induce manufacturing, industrial, commercial and other employment-promoting enterprises to locate, remain, or expand within the State; and

5. To protect and enhance the quality of the natural environment.

N.J. Admin. Code § 19:30-1.1

Amended by R.1990 d.411, effective 8/20/1990.
See: 22 New Jersey Register 1537(a), 22 New Jersey Register 2532(a).
Authority's general objectives clarified.