N.J. Admin. Code § 19:31U-1.1
The rules in this subchapter are promulgated by the New Jersey Economic Development Authority to implement the provisions of the New Jersey Economic Recovery Act of 2020, establishing the Emerge Program Act (Act), sections 68 through 81 of P.L. 2020, c. 156, as amended by P.L. 2021, c. 160. The Act authorizes the Authority to administer the program to encourage economic development, job creation, and the retention of significant numbers of jobs in imminent danger of leaving the State. The Authority Board may approve the award of tax credits to a business upon application of the business demonstrating its eligibility under the Act and this subchapter and following the execution of a letter of intent and the payment of fees, subject to the limitations set forth in this subchapter. The value of all tax credits approved by the Authority for businesses eligible pursuant to section 71 of P.L. 2020, c. 156 shall be subject to the limitations set forth at section 98 of P.L. 2020, c. 156.
N.J. Admin. Code § 19:31U-1.1
See: 54 N.J.R. 124(a), 54 N.J.R. 909(b).
Inserted ", as amended by P.L. 2021, c. 160 " and substituted "at" for "in" in the last sentence.