This chapter is promulgated by the New Jersey Economic Development Authority (the Authority) to implement section 6 of the Offshore Wind Economic Development Act, P.L. 2010, c. 57, as amended (the Act), which authorizes the Authority to approve up to $ 350 million, based on the amount of uncommitted tax credits under the New Jersey Aspire Program and the Emerge Program pursuant to N.J.S.A. 34:1B-362(b)(1)(f) and (h), in tax credits for the development of qualified wind energy facilities in the State.
N.J. Admin. Code § 19:31S-1.1
See: 53 N.J.R. 1347(a), 53 N.J.R. 1922(a).
Substituted "$ 350" for "$ 100", substituted "based on the amount of uncommitted tax credits under the New Jersey Aspire Program and the Emerge Program pursuant to N.J.S.A. 34:1B-362(b)(1)(f) and (h)" for "except as may be increased by the Authority", and substituted "the State" for "wind energy zones".