N.J. Admin. Code § 19:31R-1.1
Current through Register Vol. 56, No. 21, November 4, 2024
The rules in this subchapter are promulgated by the New Jersey Economic Development Authority to implement the New Jersey Angel Investor Tax Credit Act, P.L. 2013, c. 14 (Act). The Act authorizes credits against corporation business and gross income taxes for qualified investments in New Jersey emerging technology businesses, in New Jersey emerging technology holding companies, or in a qualified venture fund, to spur job creation and growth in New Jersey's current and next generation of high-skill, high-wage emerging technology industries.
N.J. Admin. Code § 19:31R-1.1
See: 49 N.J.R. 3576(a), 50 N.J.R. 1374(a).
Deleted "(Authority)" following "Authority", deleted "the" preceding the second occurrence of "Act", and inserted "or in New Jersey emerging technology holding companies".
Amended by R.2021 d.139, effective 12/6/2021.
See: 53 N.J.R. 1481(a), 53 N.J.R. 2072(c).
Substituted a comma for "or" following "businesses", and inserted ", or in a qualified venture fund,".